Flexible budgets are powerful control tools because
A)they allow managers to deal with uncertainty.
B)they allow the calculation of what cost should be for the actual level of activity.
C)they allow the preparation of meaningful performance reports.
D)they help measure managerial efficiency.
E)all of these.

Question

Quizplus · Accepted Answer

Flexible budgets are powerful control tools because they allow managers to deal with uncertainty, calculate what costs should be for the actual level of activity, prepare meaningful performance reports, and help measure managerial efficiency. Therefore, all of the given choices are correct.

Flexible Budgets Are Powerful Control Tools Because