What type of budget is developed around one particular level of activity?
A)static budget
B)continuous budget
C)incremental budget
D)participative budget

Question

Quizplus · Accepted Answer

A static budget is developed around one particular level of activity and does not change even if activity levels change. This type of budget is most appropriate when activity levels are expected to remain stable during the budget period.

What Type of Budget Is Developed Around One Particular Level