A flexible budget is: a] prepared based on different levels of activity b] prepa

Question

A flexible budget is:
a] prepared based on different levels of activity b] prepared based on one level of activity c] prepared on a monthly basis only d] also known as activity-based budget e] less accurate than a static budget A flexible budget is:
a] prepared based on different levels of activity b] prepared based on one level of activity c] prepared on a monthly basis only d] also known as activity-based budget e] less accurate than a static budget
a] prepared based on different levels of activity b] prepared based on one level of activity c] prepared on a monthly basis only d] also known as activity-based budget e] less accurate than a static budget

Explanation / Answer

A flexible budget is prepared based on different levels of activity or The budget designed to change with the change in the activity levels is Flexible Budget.

Ans is a) prepared based on different levels of activity

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