Which a flexible budget is prepared in order to

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Problem 1: A flexible budget is prepared in order to:

A. Take account of many different types of new information that may emerge after the master budget has been approved

B. More fairly evaluate the performance of managers and operations

C. Reduce the rigidity and constraints on innovation associated with traditional budgeting

D. None of the above

Problem 2: Underapplied manufacturing overhead indicates that:

A. Departmental overhead rates should be introduced

B. The costs of goods sold might be overstated

C. The finished good inventory might be undervalued

D. None of the above.

Reference no: EM132744951

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