Which of the Following Amounts of a Flexible Budget Changes,within

question 3

Multiple Choice

Which of the following amounts of a flexible budget changes,within the specified relevant range,with changes in sales volume?

• A) sales price per unit
• B) total fixed costs
• C) variable cost per unit
• D) total contribution margin

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Definitions:

Actions Taken

The measures or steps implemented in response to a situation or problem.

Responsibility

A tenet of ethics in which you accept the consequences of your decisions and actions.

Sarbanes-Oxley Act

The Sarbanes-Oxley Act (SOX) is a law passed by U.S. Congress in 2002 to protect investors by improving the accuracy and reliability of corporate disclosures made pursuant to securities laws, including those regarding financial statements.

Financial Controls

Procedures, policies, and means by which an organization monitors and manages its financial resources and operations.