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By definition, a flexible cash budget is a cash budget with wiggle room, in lay terms. It can be adjusted or flexed with varying circumstances as they arise.

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∙ 12y ago

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Explain how a fixed cash budget differs from a variable or flexible cash budget?

fixed budget is prepared at the start of the period and flexible budget is prepared at the end of period it is adjusted from current activity level of company...


Is Static planning budget and flexible budget or Flexible budget and actual results comparisons that best isolates the impact that changes in prices of inputs and outputs have on performance?

flexible budget and actual results


The main difference a flexible budget and a static budget is that a flexible budget does not contain fixed costs true or false?

true


What is flexible budget?

Fixed or Static buget is for a particular activity level. Flexible budget is for a range of activity level. Differentiate between Fixed and Flexible budget ? Needs a complete answer.


What is the primary purpose of a cash budget?

The primary purpose of a cash budget is to limit spending. A cash budget can also help people track their spending.


What information is needed in order to prepare a cash budget?

A cash budget begins with the starting cash balance to which cash inflows are added to get cash available.


What is the difference between a fixed budget and a flexible budget?

is a plan for a single level of production, whereas a flexible budget can be converted to any level of production.


What is a sample cash budget?

A sample cash budget will just indicate the various sources of revenue and how it is to be spent. A cash budget is influenced by previous income and expenditure ventures.


Which budget is prepared last?

Cash Budget


What is the difference between a rolling budget and a flexible budget?

Here are the differences between the two: Flexible Budget-A flexible budget is a budget that adjusts or flexes for changes in the volume of activity. The flexible budget is more sophisticated and useful than a static budget, which remains at one amount regardless of the volume of activity. Rolling Budget-Method in which a budget established at the beginning of an accounting period is continually amended to reflect variances that arise due to changing circumstances. Hope this helps!


The need for an increase or decrease in short-term borrowing can be predicted by?

a cash budget.


What is the difference between budget and cash?

Budget is forecasting future cash needs and cash is most liquid form of money at present.

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