Question: The primary difference between a static budget and a flexible budget is that a static budget a. is suitable in a volatile demand situation while

The primary difference between a static budget and a flexible budget is that a static budget a. is suitable in a volatile demand situation while a flexible budget is suitable in a stable demand situation Ob. includes only fixed costs, whereas a flexible budget includes only variable costs Oc. is a plan for a single level of activity, whereas a flexible budget adjusts for changes in the activity level Od. is concerned only with future acquisitions of fixed assets, whereas a flexible budget is concerned with expenses that vary with sales

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