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.


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