The main difference between a flexible budget and a static budget is that a flexible budget does not contain fixed costs.

Name: The main difference between a flexible budget and a static budget is that a flexible budget does not contain fixed costs.
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A flexible budget can contain fixed costs, but it also includes variable costs that can change depending on the level of activity. A static budget, on the other hand, only includes fixed costs and does not adjust for changes in activity.

The Main Difference Between a Flexible Budget and a Static