What is purpose of an after-the-fact flexible budget-, Finance Basics

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What is purpose of an after-the-fact flexible budget-

1. What is the purpose of an after-the-fact flexible budget?

2. Explain how an activity-based budget is prepared.

3. What is the difference between an activity flexible budget and a functional-based (traditional) flexible budget?

4. Why would an activity-based performance report be more accurate than a report based on a traditional flexible budget?

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Finance Basics: What is purpose of an after-the-fact flexible budget-

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