A budget that is often changed at the end of a reporting period is called a _____budget.
A)balanced
B)cost
C)flexible
D)trial balance

Question

Quizplus · Accepted Answer

A flexible budget allows for changes and adjustments to be made at the end of a reporting period in response to actual results, making it an effective tool for managing costs and revenue. Balanced and cost budgets are not necessarily changed at the end of a reporting period, and a trial balance is a statement used in accounting to ensure that debits and credits match.

A Budget That Is Often Changed at the End of a Reporting