A___________ budget is a summary of expected costs for a range of activity levels geared to changes in the level of productive output.
A) master
B) flexible
C) continuous
D) departmental

Question

Quizplus · Accepted Answer

A flexible budget allows for changes in activity levels and adjusts expected costs accordingly. This type of budget is more useful for businesses that experience fluctuations in production levels or sales.

A___________ Budget Is a Summary of Expected Costs for a Range