Why Are Flexible Budgets Powerful Control Tools

question 87

Multiple Choice

Why are flexible budgets powerful control tools?

• A)They allow managers to set the budget at a budgeted activity level.
• B)They allow the calculation of what cost should be for the actual level of activity.
• C)They allow the preparation of historical reports.
• D)They allow the calculation of what cost should be for the budgeted level of activity.

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Definitions:

Self-esteem

The perception and valuation of oneself, affecting confidence and well-being.

Emotional Support

Assistance provided through empathy, concern, and understanding to help someone manage their emotions or emotional stress.

Self-efficacy

An individual's belief in their capacity to execute behaviors necessary to produce specific performance attainments.

Self-efficacy

One's belief in their own ability to succeed in specific situations or accomplish a task.