The ________ is a budget based on multiple levels of projected sales or production.
A)standard budget
B)flexible budget
C)static budget
D)fixed budget

Question

Quizplus · Accepted Answer

A flexible budget is based on multiple levels of projected sales or production, allowing for adjustments to be made as actual performance differs from the budgeted amounts. A standard budget is a budget based on a single level of projected sales or production, and a static budget is a budget that doesn't change regardless of actual performance. A fixed budget is a budget where spending doesn't change regardless of actual performance.

The ________ Is a Budget Based on Multiple Levels of Projected