Economics · Budgetary Control
Which of the following statements are true regarding budgeting? (i) Flexible budgets help managers to deal with uncertainty. (ii) Flexed budgets allow a more meaningful comparison to be made with actual results.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1(i) and (ii) are both false
- 2(i) and (ii) are both true✓
- 3(ii) is true and (i) is false
- 4(i) is true and (ii) is false
Correct answer
(i) and (ii) are both true
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