Multiple Choice
Which of the following is a disadvantage of using the standards developed by a firm itself to develop a budget?
A) A firm's inefficiencies will be part of the data.
B) They are not based on realized benchmarks and can be unrealistic
C) The expected future changes are not included in the standards.
D) The flexible-budget amounts are difficult to determine.
Correct Answer:

Verified
Correct Answer:
Verified
Q1: Answer the following questions using the information
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Q3: To prepare budgets based on actual data
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Q7: Which of the following could be a
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Q11: The actual information pertains to the month