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    Principles of Accounting Study Set 1
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    Exam 24: Standard Costing and Variance Analysis
  5. Question
    A Flexible Budget Is Most Useful
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A Flexible Budget Is Most Useful

Question 27

Question 27

Multiple Choice

A flexible budget is most useful


A) when company has only fixed costs.
B) when actual output equals budgeted output.
C) as a cost control tool to help evaluate performance.
D) when a product's cost structure includes variable costs only.

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