Which of the following comparisons best isolates the impact of a change in activity on performance?
A)static planning budget and flexible budget
B)static planning budget and actual results
C)flexible budget and actual results
D)master budget and static planning budget

Question

Quizplus · Accepted Answer

A planning budget is prepared before the period begins and is valid for only the planned level of activity.Flexible budgets take into account how changes in activity affect costs.A flexible budget is an estimate of what revenues and costs should have been,given the actual level of activity for the perio

Which of the Following Comparisons Best Isolates the Impact of a Change