Examlex
An employee states that he steals office supplies for his wife and children because "Everyone is doing it." This is an example of:
Flexible Budget Amounts
Budget figures that are adjusted based on changes in the volume of activity, allowing for a more accurate reflection of costs under different operational levels.
Flexible Budget Amounts
Variably adjusting budget figures that can change based on actual levels of activity, often used for more accurate financial planning.
Variable Costs
Costs that change in direct proportion to changes in the level of production or sales activity, such as raw materials and direct labor.
Fixed Costs
expenses that do not vary with changes in production volume or sales, such as rent, salaries, and insurance.
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