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Difference between flexible budget amount and corresponding actual result is called...

This question belongs to Commerce Costing
Costing
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Difference between flexible budget amount and corresponding actual result is called

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Correct Answer: Option C
Difference between flexible budget amount and corresponding actual result is called flexible budget variance. A flexible budget is a budget that adjusts or flexes with changes in volume or activity. The flexible budget is more sophisticated and useful than a static budget.
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