A Static Budget Is One That

question 101

Multiple Choice

A static budget is one that

• A)is based on the actual sales volume achieved during the period.
• B)Is developed for a single level of expected output.
• C)Is one component of the operating budget.
• D)None of these ans choices are correct.

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Definitions:

Social Responsibility

Social responsibility is the commitment of individuals, groups, or entities to act in a way that benefits society at large, beyond their own interests.