Although a fixed budget is only useful over the relevant range of operations, a flexible budget is useful over all possible production levels.

Name: Although a fixed budget is only useful over the relevant range of operations, a flexible budget is useful over all possible production levels.
Brand: Quizplus
Rating: 4.8 (34 reviews)

Question

Quizplus · Accepted Answer

A flexible budget adjusts for different levels of activity, but it still has limitations and may not be useful for all possible production levels, especially those outside of a company's normal operating range.

Although a Fixed Budget Is Only Useful Over the Relevant