Which of the following statements is true about a static budget report?

Group of answer choices

It shows costs at only 2 or 3 different levels of activity.

It is appropriate in evaluating a managers effectives in controlling variable costs.

It may be appropriate in evaluating a managers effectiveness in controlling costs when the behavior of the costs in response to changes in activity is fixed.

It should be used when the actual level of activity is materially different from the master budget activity level.