A budget that can be changed to reflect different levels of activity is called a ________ budget.
A)rolling
B)continuous
C)flexible
D)static

Question

Quizplus · Accepted Answer

A flexible budget can be adjusted based on changes in activity levels, allowing for more accurate forecasting and better decision-making. Rolling and continuous budgets both refer to budgets that are updated regularly, but do not necessarily respond to changes in activity levels. A static budget is a fixed budget that does not change based on actual activity levels.

A Budget That Can Be Changed to Reflect Different Levels