(from the article `accounting`) Many companies also prepare alternative budgets if the projected operating volume deviates from the volume anticipated for the period. A set of such ...
A budget that shows how costs vary with different rates of output or at different levels of sales volume and projects revenue based on these different output levels.
A change in the yield curve when the spread between the yield on long-term and short-term Treasuries
A budget which is designed to change in accordance with the actual level of activity achieved.
A flexible budget, also called a variable budget, is financial plan of estimated revenues and expenses based on the current actual amount of output. In other words, a flexible budget uses the?revenues?and?expenses?produced in the current production as a baseline and estimates how the revenues and expenses will change based on changes in the output....