With Regard to a Static Budget Instead of a Flexible

question 70

Multiple Choice

With regard to a static budget instead of a flexible budget, which of the following is true?

• A)A static budget is adjusted for changes in the level of sales activity.
• B)A static budget is a budget that stays the same from one period to the next.
• C)A static budget is prepared for only one level of sales activity.
• D)A static budget is also known as a fixed budget.

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Definitions:

Prevailing Torque

A term used to describe the resistance to loosening provided by some type of fasteners, often achieved through friction or deformation.

Nylon Lock

A type of lock nut that uses a nylon insert to prevent loosening under vibration and torque.

Thread Pitch

The distance between threads on a screw or bolt, indicating the tightness or coarseness of the thread.

Bolt Size

The specification of a bolt, including diameter, length, and thread pattern, crucial for ensuring compatibility and strength in connections.