Question: Assume you decide to start measuring performance using the flexible budget (flexing out the volume effect). Describe the most likely effects (intended and unintended) of

Assume you decide to start measuring performance using the flexible budget ("flexing out the volume effect"). Describe the most likely effects (intended and unintended) of using this measure on the quality and the profitability of operation in the future. In your answer, describe any assumptions you make and be sure to state clear, logical arguments that lead to your conclusions.

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