Which of the following budgets are prepared at the beginning of the period for one set level of activity?
a. Activity variance budgets
b. Static budgets
c. Revenue variance budgets
d. Flexible budgets
Answer: b. Static budgets
Which of the following budgets are prepared at the beginning of the period for one set level of activity?
a. Activity variance budgets
b. Static budgets
c. Revenue variance budgets
d. Flexible budgets
Answer: b. Static budgets
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.