Question: Which statement is true concerning a static budget report?It is appropriate in evaluating a manager's effectiveness in controlling fixed costs.It is most effective when evaluating

Which statement is true concerning a static budget report?It is appropriate in evaluating a manager's effectiveness in controlling fixed costs.It is most effective when evaluating a manager's effectiveness in controlling variable costs.It should be used when the actual level of activity is materially different from the master budget activity level.It considers performance at numerous activity levels.

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