Which one of the following budgeting methodologies would be most appropriate for
ID: 2413720 • Letter: W
Question
Which one of the following budgeting methodologies would be most appropriate for a firm facing a significant level of uncertainty in unit sales volumes for next year? A. Top-down budgeting. B. Life-cycle budgeting. C. Static budgeting. D. Flexible budgeting. Which one of the following budgeting methodologies would be most appropriate for a firm facing a significant level of uncertainty in unit sales volumes for next year? A. Top-down budgeting. B. Life-cycle budgeting. C. Static budgeting. D. Flexible budgeting.Explanation / Answer
Answer
D ) flexible budgeting
the flexible budget is used to prepared by the company as there is signification level of uncertainly in unit sales volume flexible budget is more sophisticated than any other budget