What Is the Primary Difference Between a Static Budget and a Flexible

question 51

Multiple Choice

What is the primary difference between a static budget and a flexible budget?

• A) The static budget contains only fixed costs while the flexible budget contains only variable costs.
• B) The static budget is prepared for a single level of activity while a flexible budget is adjusted for different activity levels.
• C) The static budget is constructed using input from only upper level management while a flexible budget obtains input from all levels of management.
• D) The static budget is prepared only for units produced while a flexible budget reflects the number of units sold.

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Definitions:

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The process of using medical tests to identify the cause of symptoms and determine a diagnosis.

Symptom Management

An approach focused on alleviating or controlling the symptoms of a disease or condition rather than curing it.

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The final year of secondary education in many countries, typically involving students aged 17 to 18.

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The second year of high school in many educational systems, typically for students aged 15 to 16 years.