A Budget Prepared for a Particular Level of Activity Is

question 158

Multiple Choice

A budget prepared for a particular level of activity is a(n)

• A) operational budget.
• B) ABB budget.
• C) static budget.
• D) flexible budget.
• E) variable budget.

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Definitions:

Virtual Account Number

A unique identifier used in financial transactions to represent a user's actual account information securely, often to protect financial data in online transactions.

Electronic Payment

Electronic payment refers to a method of making transactions or paying for goods and services through electronic means over the internet, without the use of check or cash.

Wire Transfer

An electronic method of moving funds from one bank or credit institution to another, often used for large transactions.

Top-Level Domain

The highest level in the hierarchical Domain Name System of the Internet, after the root domain. Examples include .com, .org, and .net.