An after-the-fact flexible budget

A) is a budget for the actual level of activity
B) is used for performance reports
C) calculates what costs should have been for the actual level of activity
D) is used to compare expected costs with actual costs
E) all of these


E

Business

You might also like to view...

Sixty percent of the student body at UTC is from the state of Tennessee (T), 30% percent are from other states (O), and the remainder are international students (I). Twenty percent of students from Tennessee live in the dormitories, whereas, 50% of students from other states live in the dormitories. Finally, 80% of the international students live in the dormitories. a.What percentage of UTC students live in the dormitories?b.Given that a student lives in the dormitory, what is the probability that she/he is an international student?c.Given that a student lives in the dormitory, what is the probability that she/he is from Tennessee?

What will be an ideal response?

Business

Use the information provided in Table 8.2. What percent in the variation of the variable Bushels is explained by the value of the variable Fertilizer?

A) 89% B) 79% C) 71% D) 50%

Business

Select one of the young managers discussed in the text, and with an emphasis on how their out-of-the-box idea benefited their employer, describe how that person's entrepreneurial attitude and creative problem solving enabled them to rise through their organization’s hierarchy.

What will be an ideal response?

Business

Under the EU merger regulations, preapproval is not needed under which of the following conditions?

A) Where a non-EU firm is involved in the merger. B) Where the firms are involved in agricultural trade. C) Where the merger falls under a de minimis exception or has the benefit of a block exception. D) All of the above.

Business