The type of budget that can be adjusted over time for changing environmental conditions is known as a(n) ______ budget.
A)variable
B)incremental
C)zero-based
D)operating
E)cash

Question

Quizplus · Accepted Answer

Also known as a flexible budget, a variable budget allows the allocation of resources to vary in proportion with various levels of activity.That is, the budget can be adjusted over time to accommodate pertinent changes in the environment.

The Type of Budget That Can Be Adjusted Over Time