A cost is considered controllable at a given level of managerial responsibility if

A) the manager has the power to incur the cost within a given time period.
B) the cost has not exceeded the budget amount in the master budget.
C) it is a variable cost but it is uncontrollable if it is a fixed cost.
D) it changes in magnitude in a flexible budget.

Controllable Cost

Costs that can be influenced or managed by a decision-maker within a certain period.

Managerial Responsibility

The obligation of managers to make decisions, supervise subordinates, and implement activities that contribute to achieving the organization's objectives.

Variable Cost

Costs that vary directly with the level of production or output, such as materials and labor used in the production process.