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1. A flexible budget performance report should con...

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1. A flexible budget performance report should contain fixed as well as variable and mixed costs. A) True B) False 2. If the actual level of activity is 4% less than planned, then the costs in the static budget should be reduced by 4% before comparing them to actual costs. A) True B) False

 

Paper#11721 | Written in 18-Jul-2015

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