An advantage of the flexible budget over the static budget is: Flexible budget requires less data. Preparation
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An advantage of the flexible budget over the static budget is:
Flexible budget requires less data.
Preparation of flexible budget is relatively less time consuming.
Flexible budget provides better comparison as it can be prepared based on the actual level of sales volume.
Flexible budget can be prepared based on the sales volume of the previous period.
Related Book For
Operations Management Processes And Supply Chains
ISBN: 9781292409863
13th Global Edition
Authors: Lee Krajewski, Naresh Malhotra, Larry Ritzman
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