When Preparing a Flexible Budget,fixed Costs Should Remain the Same

question 53

True/False

When preparing a flexible budget,fixed costs should remain the same as on the master budget.Fixed costs remain the same regardless of volume,which is the only change that occurs from master to flexible budget.

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Definitions:

Apply Ice

The act of placing ice or a cold pack on an area of the body to reduce inflammation, swelling, and pain typically after an injury.

Pavlik Harness

A medical device used for the treatment of hip dysplasia in infants, designed to hold the hips in proper alignment.

Developmental Dysplasia

A condition where the hip joint has not formed normally, often leading to dislocation or limited movement in infants and children.