Question: A flexible budget: A: classifies budget requests by activity and estimates the benefits arising from each activity. B:presents a statement of expectations for a period

A flexible budget:

A: classifies budget requests by activity and estimates the benefits arising from each activity.

B:presents a statement of expectations for a period of time but does not present a firm commitment.

C: presents the plan for only one level of activity and does not adjust to changes in the level of activity.

D:presents the plan for a range of activity so that the plan can be adjusted for changes in activity levels.

Choose best answer.

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