The type of budget that serves as the original benchmark for evaluating performance is called a _____ budget.
A)balanced
B)cost
C)flexible
D)static

Question

Quizplus · Accepted Answer

A static budget is prepared in advance and is not revised during the budget period. This type of budget is commonly used as the benchmark for evaluating actual financial performance against planned performance.

The Type of Budget That Serves as the Original Benchmark