Why might managers find a flexible-budget analysis more informative than a static budget analysis? OA. A flexible budget is based on the level of output planned at the start of the budget period. It is developed around a single planned output level OB. A flexible-budget analysis enables a manager to distinguish how much of the difference between an actual result and a budgeted amount is due to (o) the difference between actual and budgeted output levels, and (b) the difference between actual and budgeted selling prices, variable costs, and fixed costs OC. The flexible budget is the hypothetical budget that is prepared at the start of the budget period. Managers use this budget as a goal for the period. OD. None of the above. Which of the following statements about ABC is not true? RE O A. ABC may empower employees to also implement cost saving projects OB. ABC should be implemented solely by the accountants as they are the guardians of the accounting information system OC. Abyproduct of ABC implementation can improve the efficiency of operations OD. Although implementation of ABC can be a refinement of a cost system, it has its limitations