A budget that allows the determination of expected costs for various levels of activity is a(n)
A) operational budget.
B) sales budget.
C) production budget.
D) financial budget.
E) flexible budget.

Question

Quizplus · Accepted Answer

A flexible budget allows for the determination of expected costs based on different levels of activity, making it the best choice for the description given. The other options (operational budget, sales budget, production budget, financial budget) do not specifically account for changes in activity levels.

A Budget That Allows the Determination of Expected Costs for Various