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    Accounting Principles
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    Exam 24: Budgetary Control and Responsibility Accounting
  5. Question
    The Flexible Budget
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The Flexible Budget

Question 143

Question 143

Multiple Choice

The flexible budget


A) is prepared before the master budget.
B) is relevant both within and outside the relevant range.
C) eliminates the need for a master budget.
D) is a series of static budgets at different levels of activity.

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