A ________ budget allows resource allocations to vary with the level of activity.
A) project
B) flexible
C) fixed
D) zero-based

Question

Quizplus · Accepted Answer

A flexible budget adjusts the resource allocation based on the level of activity, making it more adaptable to changes in the business environment. Project budgets are specific to a particular project, while fixed budgets allocate resources based on a predetermined amount and cannot be changed easily. Zero-based budgets require justification for every expense, regardless of activity level.

A ________ Budget Allows Resource Allocations to Vary with the Level