Examlex
A capital budgeting method that considers how quickly a project recovers costs is known as ______________.An enhancement to this method that also considers the time value of money is called ____________.
Answers must appear in the order shown above
Flexible Budget
A budget designed to vary in response to different levels of volume or activity.
Revenue
The income generated from normal business operations, such as the sale of goods or services.
Budget
A detailed plan for the future that is usually expressed in formal quantitative terms.
Activity Measure
An allocation base in an activity-based costing system; ideally, a measure of the amount of activity that drives the costs in an activity cost pool.
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