What are the two meanings of a flexible budget? How is the first type of flexible budget

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What are the two meanings of a flexible budget? How is the first type of flexible budget used? The second type?

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Cost Management Accounting and Control

ISBN: 978-0324559675

6th Edition

Authors: Don R. Hansen, Maryanne M. Mowen, Liming Guan

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Question Posted: Mar 29, 2012 03:07 AM

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What are the two meanings of a flexible budget? How is the first type of flexible budget

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A flexible budget is 1 A budget for various levels of activity or 2 A bud...View the full answer

Cost Management Accounting and Control

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