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bernie2981 bernie2981
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Posts: 3810
8 years ago
With regard to a static budget instead of a flexible budget, which of the following is true?
A) A static budget is prepared for only one level of sales activity.
B) A static budget is adjusted for changes in the level of sales activity.
C) A static budget is also known as a fixed budget.
D) A static budget is a budget that stays the same from one period to the next.
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
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nucleinuclei
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Posts: 2158
8 years ago
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