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Author Question: A flexible budget: A) is based on a single assumed level of sales. B) differentiates the budgeted ... (Read 171 times)

yoroshambo

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on: Jul 14, 2018
A flexible budget:
 A) is based on a single assumed level of sales.
  B) differentiates the budgeted costs for each sales level.
  C) is the budget that is prepared before a static budget.
  D) cannot be used for evaluating real-world sales situations.

Question 2

A partnership formed to operate for a specific time period or to accomplish a specific purpose is known as a
 A) conglomerate.
  B) cooperative.
  C) joint venture.
  D) corporation.
  E) joint merger.


jasonq

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Reply #1 on: Jul 14, 2018
Answer to Question 1

B

Answer to Question 2

C


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