Discussion Post: Budgetary Control
Describe an example of how an unfavorable variance between actual and budget amounts in a fixed static (master) budget can become a favorable variance in a flexible budget report.
Also, since flexible budget is more accurate in measuring performance, can company just develop flexible budget without the static budget? Why or why not?
The response must include a reference list. Using one-inch margins, double-space, Times New Roman 12 pnt font and APA style of writing and citations.