Budget which calculates expected revenues and expected costs, based on actual output quantity is named as?

Question

Budget which calculates expected revenues and expected costs, based on actual output quantity is named as?

flexible budget
fixed budget
variable budget
multiplied budget

LohaHridoy

5 views

2025-01-04 04:42

1 Answers

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AhmedNazir · Accepted Answer · 2022-09-01T13:21:41+06:00

AhmedNazir

Answer: Option 1

Budget which calculates expected revenues and expected costs, based on actual output quantity is named as flexible budget. A flexible budget, also called a variable budget, is financial plan of estimated revenues and expenses based on the current actual amount of output.

5 views Answered 2022-09-01 13:21