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With Regard to a Static Budget Instead of a Flexible

Question 70

Multiple Choice

With regard to a static budget instead of a flexible budget, which of the following is true?


A) A static budget is adjusted for changes in the level of sales activity.
B) A static budget is a budget that stays the same from one period to the next.
C) A static budget is prepared for only one level of sales activity.
D) A static budget is also known as a fixed budget.

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