A static budget is: (a) a projection of budget data at several levels of activity within the

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A static budget is:

(a) a projection of budget data at several levels of activity within the relevant range of activity.

(b) a projection of budget data at a single level of activity.

(c) compared to a flexible budget in a budget report.

(d) never appropriate in evaluating a manager’s effectiveness in controlling costs.

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Financial And Managerial Accounting

ISBN: 9781118004234

1st Edition

Authors: Donald E. Kieso, Paul D. Kimmel, Jerry J. Weygandt

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