Which of the Following Is TRUE Regarding a Static Budget

question 242

Multiple Choice

Which of the following is TRUE regarding a static budget?

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

---

Definitions:

Ethical Intensity

indicates the degree to which an issue or situation is recognized as having ethical implications that affect its stakeholders.

Confirmation Bias

The tendency to search for, interpret, favor, and recall information in a way that confirms one's preexisting beliefs or hypotheses.

Temporal Immediacy

The degree of immediacy or urgency associated with a task or situation, often affecting decision-making processes.

Distributive Justice

The perceived fairness of the allocation of resources, rewards, or outcomes within an organization or society.