Dallas Is a 10-Year-Old Boy Who Has a Mental Age

question 100

Multiple Choice

Dallas is a 10-year-old boy who has a mental age of 8 years. His IQ would be:

• A) 80.
• B) 100.
• C) 125.
• D) 130.

---

Definitions:

Flexible Budget

A budget that adjusts or varies with changes in the volume of activity, revenue, or other factors influencing budgeting.

Static Budget

A financial plan that does not change or adjust over the period, regardless of any changes in business activity levels.

Flexible Budget

A budget that adjusts to changes in activity or production levels, allowing for more accurate budgeting.

Actual Results

The actual outcomes or figures achieved by a business, contrasting with forecasts or budgeted amounts.