Multiple Choice
Which statement is true concerning the selection of the level of activity used in the flexible budget?
A) The activity level should be the same as actually achieved.
B) The activity level should be the same as found in the master budget.
C) Any activity level can be used in the flexible budget.
D) The activity level should be the level which maximizes profit.
Correct Answer:
Verified
Correct Answer:
Verified
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