The type of budget that is based on one level of output, without adjustment for any operational or financial changes is called
A)a balanced budget.
B)a cost budget.
C)a flexible budget.
D)a static budget.
E)a standard budget.

Question

Quizplus · Accepted Answer

A static budget is fixed and does not adjust for changes in operations or finances. It is based on one level of output and is not flexible.

The Type of Budget That Is Based on One Level