An Advantage of a Flexible Budget Is That It

question 4

Multiple Choice

An advantage of a flexible budget is that it:

• A) Considers only variable costs
• B) Incorporates adjustments caused by volume changes
• C) Allows management freedom in meeting goals
• D) Allows comparison of actual costs to master budget costs

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Definitions:

Atlantic Slave Trade

The forced transatlantic transportation of African slaves to the Americas from the 16th to the 19th centuries.

Federal Protection

Safeguards provided by a federal government to protect citizens, natural resources, or historical sites, often through legislation or law enforcement agencies.

Slave Labor

The coerced labor of individuals who are owned by others, a practice that was historically common in many parts of the world, including the United States until the 19th century.

Southern

Pertaining to or characteristic of the south part of a region, country, or city.