Flexible budgets are used as a tool for
A)Control.
B)Evaluation.
C)Planning.
D)All of these ans choices are correct.

Question

Quizplus · Accepted Answer

Flexible budgets are used for all three purposes: control, evaluation, and planning. They allow for adjustments to be made based on actual results, which can help with controlling costs and improving performance. They also provide a framework for evaluating performance by comparing actual results to the flexible budget. Finally, flexible budgets are a valuable tool for planning as they allow for adjustments to be made based on changes in activity or other factors.

Flexible Budgets Are Used as a Tool for