A(n)________ budget that can be adjusted over time for changing environmental conditions.
A)operating
B)incremental
C)zero-based
D)variable or flexible
E)cash

Question

Quizplus · Accepted Answer

A variable or flexible budget is designed to allow for adjustments to be made as environmental conditions change. Unlike an incremental budget which only increases by a set amount each year or a zero-based budget which starts from scratch each year, a variable budget can be adjusted up or down as needed based on changes in factors like sales or costs. This flexibility can help organizations better respond to unexpected changes in the market or other external factors.

A(n)________ Budget That Can Be Adjusted Over Time for Changing