Examples of Low-Income Developing Countries Are

question 82

Multiple Choice

Examples of low-income developing countries are:

• A) Switzerland,New Zealand,and Australia.
• B) Germany,Austria,and Italy.
• C) Sudan,Bangladesh,and Ethiopia.
• D) Mexico,South Korea,and Brazil.

---

Definitions:

Static Budget

A financial plan that does not change or adjust over the period, even when there are significant changes in the levels of activity.

Variable Costs

Expenses that change in proportion to the level of activity or production volume.

Static Budget

A budget that does not change or adapt over time, based on the assumption of a fixed level of activity.

Activity Index

The activity that causes changes in the behavior of costs.