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Flexible budget

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA MA – FIA FMA › Flexible budget

  • This topic has 3 replies, 2 voices, and was last updated 3 months ago by John Moffat.
Viewing 4 posts - 1 through 4 (of 4 total)
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  • March 11, 2022 at 6:07 pm #651069
    Amrit123
    • Topics: 24
    • Replies: 23
    • ☆

    What is a flexible budget?
    A. A budget that is changed to reflect the actual level of activity
    B. A budget that is adjusted to reflect changing prices
    C. A budget that can be used for several purposes
    D. A budget that is revised to reflect changes as they occur

    Sir here in this question
    I guess the answer A but it is given B
    Need help !

    March 12, 2022 at 8:06 am #651117
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 49602
    • ☆☆☆☆☆

    I do not know where you found this question, but as you have typed it then the answer is indeed A.

    March 12, 2022 at 8:40 am #651128
    Amrit123
    • Topics: 24
    • Replies: 23
    • ☆

    It means flexible budget doesn’t take care of changing price right ?

    March 12, 2022 at 4:30 pm #651170
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 49602
    • ☆☆☆☆☆

    Correct – it does not.

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