D Question 11 1 pts A static budget can be appropriate in evaluating a manager's effectiveness in controlling costs when: 1. The behavior of the costs in response to changes in activities is fixed II. A company incurs a substantial amount of direct labor costs III. The actual level of activity closely approximates the master budget activity level IV. A company incurs a substantial amount of direct material costs 1. HIIV 1, 11, BI, IV