A _____ budget allocates resources on the basis of a single estimate of costs.
A)unitary
B)zero-based
C)cash
D)incremental
E)fixed or static

Question

Quizplus · Accepted Answer

A fixed or static budget allocates resources based on a single estimate of costs, also known as a predetermined budget. This type of budget does not adjust for changes in activity levels and can become irrelevant if actual costs differ significantly from the estimates.

A _____ Budget Allocates Resources on the Basis of a Single