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    Question

    Flexible Budget is a budget with which features?

    A Changes with volume of production Correct Answer Incorrect Answer
    B Changes with variable expenses Correct Answer Incorrect Answer
    C Changes with direct material Correct Answer Incorrect Answer
    D Changes with fixed expenses Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    Flexible Budget is the budget prepared taking into account the changes in volume of production

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