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    Business
  3. Study Set
    Managerial Accounting
  4. Exam
    Exam 9: Standard Costing and Variance Analysis
  5. Question
    A Budget That Is Based on a Single Estimate of Sales
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A Budget That Is Based on a Single Estimate of Sales

Question 127

Question 127

Multiple Choice

A budget that is based on a single estimate of sales volume is called a:


A) static budget.
B) flexible budget.
C) variable budget.
D) sunk cost budget.

Correct Answer:

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