The budgeting system designed to change in relation to level of activity actually attained is known as —

CS Executive · Cost and Management Accounting · PYQS · December 2014
The budgeting system designed to change in relation to level of activity actually attained is known as —
(A) Fixed budgeting
(B) Flexible budgeting
(C) Performance budgeting
(D) Functional budgeting.

Answer & Explanation:

Correct Answer: Option (B)

Correct answer: (B) Flexible budgeting.

Topics: Budgetary Control

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