Which of the Following Is True of Flexible Budget

question 154

Multiple Choice

Which of the following is true of flexible budget?

• A) It calculates total variable cost by multiplying actual units by budgeted variable cost per unit.
• B) It calculates total fixed cost by multiplying actual units by budgeted fixed cost per unit.
• C) It calculates revenues by multiplying budgeted units by actual selling price per unit.
• D) It calculates contribution margin by multiplying budgeted units by actual contribution margin per unit.

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Definitions:

Ethical Guideline

A principle designed to guide individuals or organizations in making decisions that are moral, responsible, and in accordance with accepted standards of behavior.

American Psychological Association

A professional organization representing psychologists in the United States, dedicated to advancing psychology as a science, profession, and means of promoting health and human welfare.

Confidential Data

Information that is not for public disclosure, often protected due to privacy or security reasons.

Research Deception

The use of misleading or untrue information in scientific studies to ensure the authenticity of responses or behaviors.