acc560 week 6 discussion 2

acc560 week 6 discussion 2 -...

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A flexible budget is really a series of static budgets. Do you agree or disagree? Explain. Yes, I agree that the flexible budget is a series of static budgets at different levels of activity. A static budget has two  characteristics:  1. It is geared toward only one level of activity.  2. Actual results are always compared against  budgeted costs at the original budget activity level.  However, a flexible budget differs from a static budget on both  above-mentioned points.  First, it is geared toward all levels of activity within the relevant range, rather than toward  only on level of activity. Second, it is dynamic in nature rather than static.  Actual results do not have to be compared 
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This note was uploaded on 02/01/2012 for the course ACCT ACC560 taught by Professor Lorij.perez during the Spring '10 term at Strayer.

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