A before-the-fact flexible budget
A)calculates expected costs for various levels of activity.
B)allows managers to deal with uncertainty.
C)can be used to generate results for a number of plausible scenarios.
D)is a useful planning tool.
E)all of these.

Question

Quizplus · Accepted Answer

A before-the-fact flexible budget calculates expected costs for various levels of activity, allows managers to deal with uncertainty, can be used to generate results for a number of plausible scenarios, and is a useful planning tool. Therefore, all of these options are correct.

A Before-The-Fact Flexible Budget