A static budget is a financial plan for only one level of sales volume.

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A static budget is a financial plan that is prepared based on a single level of sales volume. It does not take into account changes in sales volume or other factors that could affect the financial performance of a business. In contrast, a flexible budget is designed to adjust to changes in sales volume or other factors, providing a more accurate picture of a business's financial performance.

A Static Budget Is a Financial Plan for Only One