Flexible budgets require a clear distinction between what

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Flexible budgets require a clear distinction between what?

1) Actual costs for planned activity and bugeted costs for planned activity

2) Actual costs for actual activity and budgeted costs for actual activity

3) Assets and Liabilities

4) Revenues and expenses

Reference no: EM131295227

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Flexible budgets require a clear distinction between what : Flexible budgets require a clear distinction between what?
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