Which of the following statements is false? - 12557

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Which of the following statements is false? 

A. Flexible budgets are automatically matched to changes in activity levels 

B. Flexible budgets help provide a basis for management by exception. 

C. Flexible budgets are not based on the same revenue and cost behavior assumptions as the static budget. 

D. Flexible budgets are prepared for a range of activity. 

 
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