What Does Flexing the Budget Mean

question 83

Multiple Choice

What does flexing the budget mean?

• A)Revising the budget sales figure to match actual sales
• B)Ignoring previously set targets
• C)Revising the budget to reflect changes in management behaviour
• D)Revising the original budget estimates to produce a budget based on the actual volume of activity

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Definitions:

Promotion

An advancement to a higher-level job with increased authority, responsibility, and pay.

Price

The amount of money expected, required, or given in exchange for something else, typically goods or services.

Distribution

Making products available to customers in the quantities desired.