Which of the Following Is a Difference Between a Static

question 46

Multiple Choice

Which of the following is a difference between a static and a flexible budget?

• A) Static budgets use the same fixed cost amounts, whereas flexible budgets change the amount of fixed costs at different levels of activity.
• B) Static budgets are based on the same per-unit variable amount, whereas flexible budgets are based on multiple per-unit variable amounts.
• C) Static budgets are based on a single estimate of volume, whereas flexible budgets show estimated costs and revenues at a variety of activity levels.
• D) None of these answers are correct.

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Definitions:

Society

A group of individuals belonging to the same species and often closely related; an organized society is an actively cooperating group.

Behavioral Responses

Actions or reactions of an organism in response to external or internal stimuli.

Lek

A small territory in which males compete for females.

Reproductively Available

A term indicating the readiness or condition of an organism to participate in reproduction.