The master budget is called a static budget because the budget for the period is developed around a ...

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The master budget is called a static budget because the budget for the period is developed around a ...

The master budget is called a static budget because the budget for the period is developed around a single, or static, planned output level.

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Managerial Accounting: Decision Making and Motivating Performance

Edition: 1^st

Authors: Datar, Rajan

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