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What are the steps needed to construct the flexible budget?

Business Management Budget Negotiation Budget Oversight Budget Process Budget Analysis
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Question added by Majid Wangade , Senior Accountant , KANTOUR LIMITED COMPANY ( Real Estate, Construction and Asset Management )
Date Posted: 2015/12/01
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jamal Baghdadi
by jamal Baghdadi , General Manager , Abdullah Albarrak & Sons Co for Trading Services

A flexible budget is a budget that adjusts or flexes for changes in the volume of activity. The flexible budget is more sophisticated and useful than a static budget, which remains at one amount regardless of the volume of activity.

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