Quiz #9
1. When using a flexible budget, a decrease in activity within the relevant range:
a. decreases total costs.
2. Which of the following may appear on a flexible budget performance report?
a. All of the above may appear on a flexible budget performance report.
3. In a flexible budget, what will happen to fixed costs as the activity level increases?
a. The fixed cost per unit will decrease.
4. A budget that is based on the actual activity of a period is known as a:
a. Flexible budget.
1. When using a flexible budget, a decrease in activity within the relevant range:
a. decreases total costs.
2. Which of the following may appear on a flexible budget performance report?
a. All of the above may appear on a flexible budget performance report.
3. In a flexible budget, what will happen to fixed costs as the activity level increases?
a. The fixed cost per unit will decrease.
4. A budget that is based on the actual activity of a period is known as a:
a. Flexible budget.
