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  • Financial Management / Management Accounting III
  • Directions: Choose the correct option for the given quest...
Multiple choice

Directions: Choose the correct option for the given question:A fixed budget is preferable to flexible budget.

  1. True

  2. False

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

A flexible budget is generally considered superior to a fixed budget because it adjusts for changes in activity levels, providing a more accurate basis for performance evaluation.

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