Question: 3 Multiple Chorce 1 0 points Select the incorrect statement regarding flexible budgets. Standais' prices and costs are used in preparing a flexible budget. Flexible
Multiple Chorce points
Select the incorrect statement regarding flexible budgets.
Standais' prices and costs are used in preparing a flexible budget.
Flexible budgets often show the estimated revenues and cessts at multiple volume levels.
A flexible budget is sed to compare actual to budgeted agiounts.
A flexible budget is also known as a master budget.
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