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Flexible Budget |
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Flexible budget A budget that shows how costs vary with different rates of output or at different levels of sales volume and projects revenue based on these different output levels. Flexible Budget A budget that considers different levels of production or sales. A flexible budget makes different amounts available to departments depending on what production or sales are realized. For example, a flexible budget may make 6% more money available to its research and development department if its revenue increases 6%. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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