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A static budget: a. is based totally on prior year's costs. b. is based on one anticipated activity level. c. is based on a range

A static budget:

a. is based totally on prior year's costs.

b. is based on one anticipated activity level.

c. is based on a range of activity.

d. presents a clear measure of performance when planned activity differs from actual activity.

e. is preferred over a flexible budget in the evaluation of performance.

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