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  3. Study Set
    Managerial Accounting Study Set 15
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    Exam 2: Flexible Budgets and Performance Analysis
  5. Question
    When a Flexible Budget Is Used in Performance Evaluation, Actual
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When a Flexible Budget Is Used in Performance Evaluation, Actual

Question 204

Question 204

True/False

When a flexible budget is used in performance evaluation, actual costs are compared to the static planning budget rather than to what the costs should have been for the actual level of activity during the period.

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