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Which of the following is NOT a component of a flexible budget?

Practice Questions

1 question
Q1
Which of the following is NOT a component of a flexible budget?
  1. Variable costs
  2. Fixed costs
  3. Sales volume
  4. Historical data

Questions & Step-by-step Solutions

1 item
Q
Q: Which of the following is NOT a component of a flexible budget?
Solution: A flexible budget adjusts for changes in sales volume and includes variable and fixed costs, but does not directly include historical data.
Steps: 0

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