A Budget That Is Adjusted in Accordance with Changes in Actual

question 36

Multiple Choice

A budget that is adjusted in accordance with changes in actual output is called

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

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Definitions:

Continental Rift

A linear zone where the Earth's crust and lithosphere are being pulled apart and is characterized by seismic activity and volcanic eruptions.

Eastern Africa

A region of Africa that includes countries along the eastern coast of the continent, known for its diverse cultures, languages, and ecosystems.

Continental Rifting

The process by which a continent stretches and splits along a rift, often leading to the formation of new ocean basins.

Seafloor Spreading

A geological process in which new oceanic crust is formed at mid-ocean ridges and spreads outward, contributing to continental drift.