Which of the following is based on forecasts of specific volumes of products or services?
A) Variance analysis
B) Flexible budgets
C) Static budgets
D) Financial statements

Name: Which of the following is based on forecasts of specific volumes of products or services? A) Variance analysis B) Flexible budgets C) Static budgets D) Financial statements
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Question

Quizplus · Accepted Answer

Static budgets are based on forecasts of specific volumes of products or services and do not change with actual activity levels.

Which of the Following Is Based on Forecasts of Specific