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Flexible Budgeting. LO 16-2. LO 16-2 Develop and use flexible budgets. Static Budget Budget for a single activity level; usually the master budget. Flexible Budget Budget that indicates revenues, costs, and profits for different levels of activity.

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Flexible budgeting
Flexible Budgeting

LO 16-2

LO 16-2Develop and use flexible budgets.

Static Budget

Budget for a single activity level;

usually the master budget

Flexible Budget

Budget that indicates revenues, costs,

and profits for different levels of activity


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