The Main Difference Between a Flexible Budget and a Static

question 269

True/False

The main difference between a flexible budget and a static budget is that a flexible budget does not contain fixed costs.

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Definitions:

Whole Number

Any of the set of non-negative integers, including zero.

COUNT Function

A function in many spreadsheet and database applications that returns the number of non-empty cells in a specific range or criteria.

Numeric Data

Data consisting of numbers, which can be used in mathematical calculations and statistical analysis.

Calculation Options

Settings that determine how and when formulas are recalculated in spreadsheet software.