Ace Company monitors its managers' performance using a static budget. Which one of the following situations will provide the fairest evaluation for those managers? O When the master budget activity is less than the actual activity. O When activity levels fluctuate from month to month. O When the actual costs incurred equal the amounts on the budget. O When the company performs at the same activity level as the static budget level.

Ace Company monitors its managers' performance using a static budget. Which one of the following situations will provide the fairest evaluation for those managers? When the master budget activity is less than the actual activity. When activity levels fluctuate from month to month. When the actual costs incurred equal the amounts on the budget. When the company performs at the same activity level as the static budget level