Which of the following statements about a flexible budget is most correct? a. A

Question

Which of the following statements about a flexible budget is most correct? a. A flexible budget uses realized (actual) prices along with all other original (simple) budget assumptions. b. A flexible budget uses realized (actual) labor costs along with all other original (simple) budget assumptions. c. A flexible budget uses realized (actual) supplies costs along with all other original (simple) budget assumptions. d. A flexible budget uses realized (actual) facilities costs along with all other original (simple) budget assumptions. e. A flexible budget uses realized (actual) volume along with all other original (simple) budget assumptions.

Explanation / Answer

Hi, Option E is correct. Thanks.

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