A Static Budget Is a Budget That Can Be Changed

question 116

True/False

A static budget is a budget that can be changed or altered after it is developed.

---

Definitions:

Implied Contract

An agreement created by actions of the parties involved, not written or spoken, but inferred from their conduct.

Uniform Commercial Code

A comprehensive set of laws governing commercial transactions in the United States to standardize and simplify interstate commerce.

Innocent Consumer

A consumer who purchases or uses products or services without awareness of any wrongdoing or defects associated with them.

Shrinkwrap

A term related to software licenses or agreements included within the packaging of software products, which are considered accepted once the package is opened.