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What is a static budget? What is a flexible budget? Which is more useful, and why?...

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Finance

What is a static budget? What is a flexible budget? Which ismore useful, and why? Cite any references used. Participate infollow-up discussion by reviewing your classmates' posts, addingadditional information, asking questions, or responding tofollow-up questions posed by your instructor.

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A static budget is a budget that is prepared for a planned level of activity that is it is prepared for a specific level of activity say 10000 units of a product 10000 labor hours and so on Hence the    See Answer
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What is a static budget? What is a flexible budget? Which ismore useful, and why? Cite any references used. Participate infollow-up discussion by reviewing your classmates' posts, addingadditional information, asking questions, or responding tofollow-up questions posed by your instructor.

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