__________ is a budget which, by recognising different cost behaviour patterns, is designed to change in relation to the volume of output.

CS Executive · Cost and Management Accounting · PYQS · December 2018
__________ is a budget which, by recognising different cost behaviour patterns, is designed to change in relation to the volume of output.
(A) Production Budget
(B) Performance Budget
(C) Zero Base Budget
(D) Flexible Budget

Answer & Explanation:

Correct Answer: Option (D)

Official answer key: (D).

Topics: Budgetary Control

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