Business, 21.04.2020 17:15 princess6039

The purpose of the flexible budget is to: Multiple Choice allow management some latitude in meeting goals. eliminate cyclical fluctuations in production reports by ignoring variable costs. reduce the total time in preparing the annual budget. compare actual and budgeted results at virtually any level of production.

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Answer from: funnyadriany4

Compare actual and budgeted results at virtually any level of production.

Explanation:

Budget is an estimation of financial plan and operational expenses of an organization with a period. Budget helps to prepare what will be spent by an organization and measured against actual performance at the end of the financial period.

Flexible budget is a budget designed to adjust to changes in level of current revenue. It compares the actual and budgeted results or performance at every level of production.

Management often uses flexible budget to address both areas that were successful and not succesful in past performance. It is used to prepare for the worst or best case situation.

Example of flexible budget is when management identify and analyze cost(Fixed and Variable cost) which affects revenue and expenses. Fixed cost which is fixed at every output level and variable cost which varies with the output level.

Answer from: Quest

don't kill your self you have people who love and care for you and it would hurt them for a long time if you did

explanation:

p.s. how much is the inhartige

Answer from: Quest

Secured loans are protected by collateral security. examples: title loans where the borrower uses the car title as collateral security interest rates are lower and repayments are longer therefore risk is low as a collateral security is given as guarantee to the bank in case of failure to pay the loanunsecured loans are not protected by collateral security but it is given on the creditworthiness of the borrower, trusting that she/he will pay on time. examples; payday loans is a short term loan where the borrower lends money from the bank and pays is back when the borrower receives his/her wages.interest rates are high and repayments are shorter. but the risk is high as no collateral security is given as a guarantee to the bank for payment of the loan

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The purpose of the flexible budget is to: Multiple Choice allow management some latitude in meeting...