Question

A Flexible budget is




Budget for different capacity levels

Budget for different departments

Budget for receipts and payments

Budget for purchase of materials​

Answer 1

Answer:

Budget for different capacity levels

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Answer 2

Answer:

A flexible budget is a budget that adjusts or flexes with changes in volume or activity. ... For costs that vary with volume or activity, the flexible budget will flex because the budget will include a variable rate per unit of activity instead of one fixed total amount.