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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Definitions:

Continue Reading

A prompt or link provided in texts or web pages encouraging the reader to proceed with the content beyond an introductory or summary portion.

Bad News

Information or notifications that have negative implications or outcomes.

Shock Reduction

Measures or techniques applied to lessen the intensity or impact of shocks or stressors, typically in physical, psychological, or mechanical contexts.

Overtime Pay

Additional compensation paid to employees for hours worked beyond their standard scheduled work hours, as regulated by law or company policy.