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A flexible budget is just that- flexible.A static budget is a projection of budget data at one level of activity. Static budgetsIgnore data for different
A flexible budget is just that- flexible.A static budget is a projection of budget data atone level of activity.Static budgetsIgnore data for different levels of activity.They compare actual results with the budget data at the activity level used in the master budget. When used in budgetary control, each budget included in the master budget is considered to be static.
All, why do you think the budgets are considered static?
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