A __________ budget is defined as one that allocates resources to activities based on a single estimate of costs.
A) flexible
B) zero-based
C) comprehensive
D) contingency
E) fixed

Question

Quizplus · Accepted Answer

A fixed budget is defined as one that allocates resources to activities based on a single estimate of costs, meaning it does not change or vary with the volume of output or activity level.

A __________ Budget Is Defined as One That Allocates Resources