Conventional flexible budget-activity-based flexible budget

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Reference no: EM132829402

Chapter 11:

The CEO of Pride Company argued that a conventional flexible budget or activity-based flexible budget is the latest trend in budgeting and therefore the company should adopt either one. Do you agree with this reasoning? How would you explain to the CEO when and when not to use conventional flexible budget and activity-based flexible budget? Further what would you tell the CEO if he asked you which one is better?

Chapter 12:

As the management accountant of Pride Company, you are tasks to inform the manager when their actions are congruent (or not) with the company goal? Additionally, you are also asked that you utilize responsibility-accounting in explaining how to achieve goal congruence. How will proceed with this explanation that the managers can understand.

Reference no: EM132829402

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