The Following Items Are the Same for the Flexible Budget

question 33

Multiple Choice

The following items are the same for the flexible budget and the master budget EXCEPT for:

• A)variable cost per unit
• B)total fixed costs
• C)units sold
• D)sales price per unit

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Definitions:

Human Instinct

Innate, typically fixed patterns of behavior in humans responding to certain stimuli, fundamental for survival and reproduction.

Infant Sucking

A reflex action in newborns and infants for feeding and comfort, involving the rhythmic drawing into the mouth and suction of liquids.

Learned Behaviors

Actions or reactions that individuals acquire through experience and interaction with the environment.

Homeostasis

Homeostasis is the process by which a living organism or cell maintains a stable internal environment despite changes in external conditions.