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Cost and Variance Measures:

The purpose of a flexible budget is to: a. provide management with slack in their budget. b eliminate fluctuations in production reports. c. compare actual and budgeted results at various levels of activity. d. make the annual budget process more efficient.

Budgeting Financial Reporting Financial Accounting Financial Analysis Management
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Question added by Anayatullah Tahir , Finance Manager , Etqan Projects
Date Posted: 2014/03/24
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Rashad Moursi
by Rashad Moursi , Finance Director & Business Development, International Business Transformer Owners Repr. - Hotels , Investment and financial

C. compare actual and budgeted results at various levels of activity.

Mark John Domingo
by Mark John Domingo , General Accountant , Palma Holding

C

Shafiulla Mohammad
by Shafiulla Mohammad , Customer Service Adviser , University of Bedfordshire

The answer is option C.

 

Muhammad Zubair
by Muhammad Zubair , CFO / Chief Accountant , RH Group

Correct answer is c

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