Flexing budget

hello sir.

very short question. Is the flexing and flexed budget is the same. Or the only difference that flexing is showing the results of actual performance at the standard cost at the different levels when flexed doing the same but at only one level of production. (actual). So flexing presumes different levels of production right. You didnt mention flexing budgets in the lectures thats why i want to be 100% sure.

Thanks sir!!!