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Tutorial 25885

Flexible budgets can be used when there is (are): More than one cost driver (i.e., measure of activity). Only one cost driver. Two drivers, but t...

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Question:

Flexible budgets can be used when there is (are):

  1. More than one cost driver (i.e., measure of activity).
  2. Only one cost driver.
  3. Two drivers, but the one used MUST be the dominate driver.
  4. None of these. Cost drivers are not relevant for flexible budgets.

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