An advantage of the flexible budget over the static budget is: Group of answer choices Flexible budget can be prepared based on the sales volume of the previous period. Flexible budget provides better comparison as it can be prepared based on the actual level of sales volume. Preparation of flexible budget is relatively less time consuming. Flexible budget requires less data.
An advantage of the flexible budget over the static budget is: Group of answer choices Flexible budget can be prepared based on the sales volume of the previous period. Flexible budget provides better comparison as it can be prepared based on the actual level of sales volume. Preparation of flexible budget is relatively less time consuming. Flexible budget requires less data.
Excel Applications for Accounting Principles
4th Edition
ISBN:9781111581565
Author:Gaylord N. Smith
Publisher:Gaylord N. Smith
Chapter23: Flexible Budgeting (flexbud)
Section: Chapter Questions
Problem 3R
Related questions
Question
An advantage of the flexible budget over the static budget is:
Group of answer choices
Flexible budget can be prepared based on the sales volume of the previous period.
Flexible budget provides better comparison as it can be prepared based on the actual level of sales volume.
Preparation of flexible budget is relatively less time consuming.
Flexible budget requires less data.
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