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Which of the following statements is FALSE regarding static budgets? a. They are less adaptable...

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Accounting

Which of the following statements is FALSE regarding static budgets?

a. They are less adaptable to changes in operating conditions.

b. They are most appropriate for variable costs and expenses.

c. They are based on a single projected level of activity.

d. They are most effective when the actual level of activity is close to the budgeted level.

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