Question: To create a meaningful performance report looking at the efficiency of operations: a) expected costs of the static budget are compared with the expected costs

To create a meaningful performance report looking at the efficiency of operations:

a) expected costs of the static budget are compared with the expected costs of the flexible budget.
b)

actual costs are compared with the static budget.
C)

actual costs are compared with the flexible budget costs.
d)

actual costs are compared with the prior year's actual costs.

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