A Pharmaceutical Company Wanted to Create a Budget That Was

Multiple Choice

A pharmaceutical company wanted to create a budget that was practical and that would enable its managers to make more accurate comparisons between actual costs and budgeted costs. Thus, the company created a budget that was developed over a range of possible sales levels and was designed to show the appropriate budgeted level of costs for each different level of sales. Given this information, which of the following budgets did the company create?

A) A rolling budget
B) A flexible budget
C) A black budget
D) A static budget