2) are budgets for a single activity level. 0/6.66 Points bobo flexible budgets . master budgets both A and B static budget static budget wrong Dusche 4) Which of the following is descriptive of an activity-based flexible budget? sons 0/6.66 Points Frased Wrong based on actual costs for each activity center and related cost driver based on budgeted costs for each activity center and related cost driver is limited to no more than ten activity centers A and C 12032190/sho 2012021 5) When revenues or variable costs per unit of activity and fixed costs per period may not be as expected, this is called 0/6.66 Points wrong activity-budget variance master-budget variance static-budget variance flexible-level variance