A Static Budget Is Always

question 60

Multiple Choice

A static budget is always:

• A) based on a specific planned activity level.
• B) based on a range of activity within which the firm may operate.
• C) the same as a flexible budget.
• D) based on maximum capacity.

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Definitions:

Business

The practice of engaging in commerce, trading goods, or providing services with the aim of generating profit.

Collection Of Programs

A suite of software applications bundled together to serve related purposes or provide multiple functionalities.

Services

In computing, software or platform functionalities provided to users, typically over a network.

Subscription-Based Service

A business model where customers pay a recurring price at regular intervals to access a product or service.