Question 3 (2 points) A static budget is appropriate in evaluating a manager's performance if the company prepares reports on an annual basis. B) the actual activity level achieved is the same as the master budget activity level. OC) the acto the actual activity level is less than the master budget activity level. the company is a not-for-profit organization. Question 4 (2 points) The comparison of differences between actual and planned results o is usually done orally in departmental meetings. o appears on periodic budget reports. o appears on the company's external financial statements. O is done by the company's auditors