Flexing the Budget Means

question 19

Multiple Choice

Flexing the budget means:

• A) ignoring previously set targets.
• B) revising the original budget estimates to produce a budget based on the actual volume of activity.
• C) revising the budget sales figure to match actual sales.
• D) revising the budget to reflect changes in management behaviour.

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Definitions:

Diagram

A simplified drawing or plan that represents the components or workings of something, typically used to explain how it functions or is structured.

Freshwater

Water that has a low salt concentration, typically found in rivers, lakes, and streams, and essential for drinking, agriculture, and sanitation.

Diagram

A simplified drawing showing the appearance, structure, or workings of something, typically used to explain how it functions.

Aswan Dam

A significant engineering project on the Nile River in Egypt, built to control floods, provide increased water storage for irrigation, and generate electricity.