Assume that the expectations on the static budget were met.What can be concluded?
A)The static budget was ill conceived.
B)The effectiveness of the manager is not in question.
C)The manager is very efficient.
D)There is no need for a flexible budget.

Question

Quizplus · Accepted Answer

If the expectations on the static budget were met, it means that the manager was able to achieve the target set on the budget. Therefore, the effectiveness of the manager is not in question. However, it does not necessarily mean that the static budget was ill conceived, that the manager is very efficient, or that there is no need for a flexible budget.

Assume That the Expectations on the Static Budget Were Met