The static budget is a good tool for assessing whether variable costs are under control or not.

Name: The static budget is a good tool for assessing whether variable costs are under control or not.
Brand: Quizplus
Rating: 4.9 (32 reviews)

Question

Quizplus · Accepted Answer

The static budget is not an effective tool for assessing variable costs because it assumes that all costs remain constant regardless of changes in production volume or sales. To evaluate variable costs, a flexible budget should be used instead.

The Static Budget Is a Good Tool for Assessing Whether