Variable costs represent the flex in the flexible budget and fixed costs really are of no use

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Variable costs represent the “flex” in the flexible budget and fixed costs really are of no use in such a budget.’ Discuss.

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Accounting

ISBN: 978-1118608227

9th edition

Authors: Lew Edwards, John Medlin, Keryn Chalmers, Andreas Hellmann, Claire Beattie, Jodie Maxfield, John Hoggett

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Question Posted: Jun 24, 2019 10:56 AM

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Variable costs represent the flex in the flexible budget and fixed costs really are of no use

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Flexible budgets are usually prepared over a range of activity and over that particular range the ...View the full answer

Accounting

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