Flexible budgets a. accommodate changes in the inflation rate. b. accommodate changes in activity levels. c. are used to evaluate capacity utilization. d. are static budgets that have been revised for changes in price(s).
A.
accommodate changes in the inflation rate.
B.
accommodate changes in activity levels.
C.
are used to evaluate capacity utilization.
D.
are static budgets that have been revised for changes in price(s).