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Which one of the following is true concerning a static budget? a. it is prepared at the end of the accounting period once actural results
Which one of the following is true concerning a static budget? a. it is prepared at the end of the accounting period once actural results are known b. it is usefull in evaluating a mangers performance by comparing variable costs and planned variable costs. c. it shows planned results at the original budgeted activity level. d. it reflects the level of activity at which the company will be most profitable
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