Question 1 10 out of 10 points Flexible budgets vary from static (or forecasted) budgets on the basis of: Selected Answer: E. volume Question 2 10 out of 10 points A nursing home projects asset growth at 10 percent per year over the next 10 years. If it wishes to reduce its reliance on debt financing, what rate of equity growth over the 10-year period will be desired? Selected Answer: C. Greater than 10 percent per year Question 3 0 out of 10 points For not-for-profit entities, equity can be obtained through internally-generated funds, philanthropy, and government grants and for for-profit entities, equity can be obtained through internally-generated funds and stock issuances. Selected Answer: Fals e Question 4 10 out of 10 points The flexible budget attempts to improve the recognition of deviations caused by changes in: Selected Answer:
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- Fall '15