Flexible Budgets MCQs

True Tamplin

Written by True Tamplin, BSc, CEPF®
Updated on September 20, 2021

Take this quick test on flexible budgets to help you prepare for your exams and interviews. The quiz will allow you to assess your knowledge and see how well you’ve understood the key topics and concepts.

1. Which of the following is not a characteristic of a flexible budget?

2. A static budget:

3. Flexible budgets relate to activity-based costing in which of the following ways:

4. Budget variance is:

5. Which of the following is true about overhead variance?


 


Next Quiz: Standard Costing MCQs

True Tamplin, BSc, CEPF®

About the Author
True Tamplin, BSc, CEPF®

True Tamplin is a published author, public speaker, CEO of UpDigital, and founder of Finance Strategists.

True contributes to his own finance dictionary, Finance Strategists, and has spoken to various financial communities such as the CFA Institute, as well as university students like his Alma mater, Biola University, where he received a bachelor of science in business and data analytics.

To learn more about True, visit his personal website, view his author profile on Amazon, his interview on CBS, or check out his speaker profile on the CFA Institute website.

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