A flexible budget:
A) is another name for management by exception
B) is developed at the end of the period
C) is based on the budgeted level of output
D) provides favorable operating results
Ans: B) is developed at the end of the period
Business
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Effective sales managers know that development and training should be done only by professional trainers.
a. true b. false
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Person E moves onto Person M's land, builds a home, pays the property taxes, and claims to own the property. When will Person E have good title, even against Person M?
a. After 1 year b. After 3 years c. After 5 years d. After 10 years
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