Variable Budget Is Another Name For

question 154

Multiple Choice

Variable budget is another name for:

• A) Cash budget.
• B) Flexible budget.
• C) Fixed budget.
• D) Manufacturing budget.
• E) Rolling budget.

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Definitions:

Centralized Firms

Organizations that maintain decision-making authority at a central point, typically at the headquarters or the top management team.

Variable Costs

Expenses that fluctuate in direct proportion to changes in the level of production or service activity.

Sales Commission

A payment made to salespersons, often calculated as a percentage of the sales they generate.

Overtime Charges

Additional wages paid to employees for hours worked beyond the standard workweek.