A performance report using activity flexible budgeting compares
A) budgeted costs for actual activity usage levels with the actual activity costs.
B) actual activity costs with budgeted overhead costs.
C) actual overhead costs with the budgeted activity costs for actual activity usage levels.
D) the static activity budget costs with the budgeted activity costs for the actual activity usage levels.
E) None of these.

Question

Quizplus · Accepted Answer

Activity flexible budgeting compares budgeted costs for actual activity usage levels with the actual activity costs, allowing for a more accurate assessment of performance. B, C, and D do not accurately describe activity flexible budgeting.

A Performance Report Using Activity Flexible Budgeting Compares