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.
Correct Answer:

Verified
Correct Answer:
Verified
Q65: A segment margin is the operating income
Q66: The _ is a budget based on
Q67: An investment center is generally a large
Q68: Which of the following strategies listed is
Q69: Management by exception directs management's attention to
Q71: The _ of the balanced scorecard focuses
Q72: Assume the Hiking Shoes division of the
Q73: If selling and administrative expenses decrease while
Q74: Sales margin is defined as operating income
Q75: Decentralization allows top management to hire workers