Multiple Choice
A budget that is established at the beginning of the period and not adjusted for different levels of actual sales activity is called a:
A) nonfinancial budget.
B) flexible budget.
C) static budget.
D) zero-based budget.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q65: Which type(s) of activities are flexible budgets
Q66: Becham Inc. had the following purchases budgeted
Q67: Hillman Products produces and sells limited edition
Q68: In December of 2012, Jones Inc. was
Q69: Homestyle Interiors sells a variety of home
Q71: In 2012, Wingen Inc. sold 325,000 units
Q72: Cash received by borrowing from line of
Q73: Carteret Inc. Carteret Inc. manufactures hammocks under
Q74: Boylan Inc. has projected the following sales
Q75: Sunshine Inc. manufactures kiddie pools. On March