Question: What is the primary difference between a statistic budget and a flexible budget the statistic budget is constructed using input from only the upper level

What is the primary difference between a statistic budget and a flexible budget the statistic budget is constructed using input from only the upper level management while a flexible. Budget obtained input from all levels of management. The statistic budget include includes only fix Cost while the flexible budget includes only variable cost.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!