A static budget is: (a) a projection of budget data at several levels of activity within the
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A static budget is:
(a) a projection of budget data at several levels of activity within the relevant range of activity.
(b) a projection of budget data at a single level of activity.
(c) compared to a flexible budget in a budget report.
(d) never appropriate in evaluating a manager’s effectiveness in controlling costs.
AppendixLO1
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Accounting Tools For Business Decision Making
ISBN: 9781118771112
5th Edition
Authors: Kimmel, Wetlands, Kieso
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