Question: Question 14 3 pts 14. Select the incorrect statement regarding flexible budgets. O A flexible budget is also known as a master budget. Flexible budgets

Question 14 3 pts 14. Select the incorrect statement regarding flexible budgets. O A flexible budget is also known as a master budget. Flexible budgets often show the estimated revenues and costs at multiple volume levels. O Standard prices and costs are used in preparing a flexible budget. O A flexible budget is used to compare actual to budgeted amounts

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