Which of the Following Reason(s)cause Flexible Budgets to Be Useful

question 7

Multiple Choice

Which of the following reason(s) cause flexible budgets to be useful planning tools?

• A) Flexible budgets allow managers to anticipate results under a variety of scenarios.
• B) Flexible budgets can help determine if a company's cash position is adequate.
• C) Flexible budgets can help managers judge if materials and storage facilities are appropriate for various production levels.
• D) All of these answers are correct.

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Definitions:

Basic Need

Fundamental requirements necessary for individuals to live a healthy and sustainable life, including food, water, shelter, and security.

Internal Stimuli

Things that are kinesthetic or visceral.

Psychological Homeostasis

The process by which individuals maintain mental and emotional stability despite external stressors or changes in the environment.

Homeless

Individuals or families who lack a fixed, regular, and adequate nighttime residence, including those living in shelters, transitional housing, or places not meant for human habitation.