Static and flexible budgets are similar in that
A) they both are prepared for multiple activity levels.
B) they both concentrate solely on costs.
C) they both are based on the same per unit variable amounts and the same total fixed costs.
D) None of these.

Question

Quizplus · Accepted Answer

Both static and flexible budgets use the same per unit variable costs and total fixed costs, but differ in the activity levels they are prepared for.

Static and Flexible Budgets Are Similar in That