Which of the Following Statements on Flexible Budgets Is False

question 59

Multiple Choice

Which of the following statements on flexible budgets is false?

• A) It enables companies to control overhead costs.
• B) It can be used to calculate direct material and direct labour variances.
• C) It is the same as a static budget.
• D) It provides a useful basis for comparison between actual and expected costs for a given level of activity.

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Extended Family

Multiple generations of adults living with their spouses and children.

Nuclear Family

A family unit consisting of two parents and their children living together as a single household.

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The killing of a woman by an intimate partner or ex-partner, a severe form of violence against women.

Aboriginal Ancestry

Refers to individuals or populations with lineage that can be traced back to the original inhabitants of a region, prior to colonization.