A static budget is:
A. a budget for a single level of activity.
B. a budget that ignores inflation.
C. used only for fixed costs.
D. used when the mix of products does not change.
Answer:A
A static budget is:
A. a budget for a single level of activity. B. a budget that ignores inflation. C. used only for fixed costs. D. used when the mix of products does not change.