A budget which is prepared in a manner so as to give the budgeted cost for any level of activity is known as:

A budget which is prepared in a manner so as to give the budgeted cost for any level of activity is known as: Correct Answer Flexible budget

A budget which is prepared in a manner so as to give the budgeted cost for any level of activity is known as Flexible budget. 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. (The static budget amounts do not change.
Bissoy MCQ

Related Questions

Part of master budget, which covers capital expenditures, budgeted statement of cash flows and balance sheet is classified as
Budget, which highlights difference between actual quantity and budgeted quantity is termed as
The artificial activity which indicates that an activity following it, cannot be started unless the preceding activity is complete, is known as
The artificial activity, which indicates that an activity following it cannot be started unless, the preceding activity is complete, is known as
Cost function, in which cost does not change with any change in level of activity is a part of
Master budget, which is based on planned output level at start of budget period is considered as
An allocation approach, in which all overhead entries are restated using actual cost rates in place of budgeted rates is called
A cost was sold for Tk. 75 . The cost was sold for 150% of the cost of the cost. How much did the coat cost ?
Cost of operating activity, facility or any cost object which usually shares by two or more than two users is classified as
In which year the practice of presenting the railway budget separate from the general budget (or vice versa in true sense) started in India?