Although He Professes to Hate Sports, Andy Never Fails to Watch

question 127

Multiple Choice

Although he professes to hate sports, Andy never fails to watch the finals of the America's Cup yachting race. Andy's behavior is

• A) high in distinctiveness.
• B) low in consistency.
• C) high in consensus.
• D) low in consensus.

---

Definitions:

Flexible Budget

A budget that adjusts or flexes with changes in volume or activity levels of a company.

Master Budget

A comprehensive financial planning document that includes all of an organization's budgets and financial plans.

Total Budgeted Fixed Costs

The sum of all costs that do not change with the level of production or sales over a certain period.

Master Budget

The master budget is a comprehensive financial planning document incorporating all other budgets, which outlines an organization's financial and operational goals.