A static budget is one that
A)is based on the actual sales volume achieved during the period.
B)Is developed for a single level of expected output.
C)Is one component of the operating budget.
D)None of these ans choices are correct.

Question

Quizplus · Accepted Answer

A static budget is developed for a single level of expected output, meaning it does not change regardless of the actual sales volume achieved during the period. It is not based on actual sales volume and is a component of the operating budget. Therefore, option A and C are incorrect. Option D is also incorrect as B is the correct answer.

A Static Budget Is One That