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    Fundamental Accounting Principles Study Set 1
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    Exam 23: Flexible Budgets and Standard Costs
  5. Question
    Flexible Budgets May Be Prepared Before or After an Actual
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Flexible Budgets May Be Prepared Before or After an Actual

Question 87

Question 87

Essay

Flexible budgets may be prepared before or after an actual period of activity. Why would management prepare such budgets at differing time frames?

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