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    Managerial Accounting Study Set 23
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    Exam 9: Flexible Budgets and Performance Analysis
  5. Question
    A Budget That Is Based on the Actual Activity of a Period
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A Budget That Is Based on the Actual Activity of a Period

Question 219

Question 219

Multiple Choice

A budget that is based on the actual activity of a period is known as a:


A) continuous budget.
B) flexible budget.
C) static budget.
D) master budget.

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