Flexible budget quantity computations should be focused at the appropriate level of the cost hierarchy.

Question

Quizplus · Accepted Answer

Flexible budget quantity computations should be focused at the appropriate level of the cost hierarchy for accurate and relevant information. The cost hierarchy breaks down costs into different levels based on the level of activity or volume. The appropriate level of the cost hierarchy should be identified so that the flexible budget computations can reflect the expected changes in activity levels and their impact on the different cost components.

Flexible Budget Quantity Computations Should Be Focused at the Appropriate