Which of the following comparisons best isolates the impact that changes in prices of inputs and outputs have on performance?
a. static planning budget and flexible budget
b. static planning budget and actual results
Selected: c. flexible budget and actual results This answer is correct.
d. master budget and static planning budget
Correct! Comparing the flexible budget and the actual results will best show us the impact that a change in price of inputs and outputs will have on the company performance.