Budgets can be developed as flexible budgets wherein revenues and expenditures vary in relation to the achieved sales volumes and variances can be calculated from the expected budgets as well as the achieved sales volume.
Now activity-based budgeting is popular. Activity-based budgets are flexible budgets to start with itself.
Results found at > Home > Management accounting > Flexible Budgets and Variance Analysis - Review Notes
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment