Which of the following budgets is developed for a single level of activity?
A)A static budget
B)An incremental budget
C)A zero-base budget
D)A dynamic budget

Question

Quizplus · Accepted Answer

A static budget is developed for a single level of activity or volume. It is based on a predetermined level of output or sales, and remains unchanged regardless of actual sales or production levels. Incremental budgets, zero-base budgets, and dynamic budgets are developed for multiple levels of activity and take into consideration changes in output or sales.

Which of the Following Budgets Is Developed for a Single