Question

A budget that is prepared based on a single level of activity is known as a:

Q: Answer-A budget that is prepared based on a single level of activity is known as a:

A Static Budget, also known as a Fixed Budget, is prepared for a single, planned level of activity. It does not change with actual changes in activity levels. A Flexible Budget A, in contrast, is designed to change with the volume of activity.

A Flexible Budget

B Static Budget

C Rolling Budget

D Cash Budget

E Master Budget

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A budget that is prepared based on a single level of activity is known as a:

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