Multiple Choice
In a chain of discount department stores, personnel needs are estimated in three different ways: (a) for a high demand season, (b) for a moderate demand season, and (c) for a slack season. By taking these three activity levels into account, managers are developing a:
A) policy.
B) standing-use plan.
C) flexible budget.
D) zero-based budget.
E) fixed budget.
Correct Answer:

Verified
Correct Answer:
Verified
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