MCQOPTIONS
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| 1. |
Consider the following statements about variable budgets--1. Variable budgets are used most appropriately when operations are repetitive.2. Variable budgets are used most appropriately when there is only a small number of different expenses.3. Variable budgets are often quite expensive to prepare.Which of the statements given above is/are correct ? |
| A. | 1 only |
| B. | 1 and 3 only |
| C. | 2 and 3 only |
| D. | 1, 2 and 3 |
| Answer» E. | |