What is purpose of an after the fact flexible budget

Reference no: EM131342319

1. What is the purpose of an after-the-fact flexible budget?

2. Explain how an activity-based budget is prepared.

3. What is the difference between an activity flexible budget and a functional-based (traditional) flexible budget?

4. Why would an activity-based performance report be more accurate than a report based on a traditional flexible budget?

Reference no: EM131342319

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