Comparing actual results to a budget based on the actual activity for the period is possible with the use of a:
A)monthly budget.
B)master budget.
C)flexible budget.
D)rolling budget.

Question

Quizplus · Accepted Answer

A flexible budget is designed to adjust to changes in activity levels and provides a more accurate comparison between actual results and anticipated results for the level of activity achieved. Monthly budgets, master budgets, and rolling budgets do not provide the same level of flexibility.

Comparing Actual Results to a Budget Based on the Actual