The Type of Budget That Is Based on One Level

question 177

Multiple Choice

The type of budget that is based on one level of output, without adjustment for any operational or financial changes is called

• A)a balanced budget.
• B)a cost budget.
• C)a flexible budget.
• D)a static budget.
• E)a standard budget.

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Definitions:

Cent

A form of money present in multiple countries, representing one one-hundredth of a decimal currency such as the dollar or euro.

Accurate

The quality of being correct in all details; exactness.

Cent

A monetary unit in various countries, equal to one-hundredth of a basic unit of currency.

Cent

A cent is a monetary unit in many countries, representing one hundredth of the base unit, such as a dollar.