A budget prepared using several differing levels of activity is a

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A budget prepared using several differing levels of activity is called a flexible budget. This type of budget adjusts the budgeted amounts based on the actual level of activity, allowing for more accurate performance evaluation and variance analysis. This is different from a fixed budget, which is prepared based on a single level of activity and does not adjust for changes in activity. A manufacturing cost budget is a specific type of budget that focuses on the costs of producing goods, and a budget performance report is a document that compares actual results to budgeted amounts.

A Budget Prepared Using Several Differing Levels of Activity Is