Question: A flexible budget is only useful in controlling fixed costs. is prepared when management cannot agree on objectives for the company. projects budget data for

A flexible budget
is only useful in controlling fixed costs.
is prepared when management cannot agree on objectives for the company.
projects budget data for various levels of activity.
cannot be used for evaluation purposes because budgeted data are adjusted to reflect actual results.
A flexible budget is only useful in controlling fixed costs. is

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