A flexible budget is a budget that is developed using budgeted revenue or cost amounts and is not adjusted at the end of the budgeted period.

Name: A flexible budget is a budget that is developed using budgeted revenue or cost amounts and is not adjusted at the end of the budgeted period.
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Quizplus · Accepted Answer

A flexible budget is actually a budget that is adjusted based on actual revenue or cost amounts at the end of the budgeted period to provide more accurate information for future budgeting and planning.

A Flexible Budget Is a Budget That Is Developed Using