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Flexible Budgeting. LO 16-2. LO 16-2 Develop and use flexible budgets. Static Budget Budget for a single activity level; usually the master budget. Flexible Budget Budget that indicates revenues, costs, and profits for different levels of activity.
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Flexible Budgeting LO 16-2 LO 16-2Develop and use flexible budgets. Static Budget Budget for a single activity level; usually the master budget Flexible Budget Budget that indicates revenues, costs, and profits for different levels of activity