Budget which remain unchanged regardless of the actual level of the activity is known as:

CS Executive · Cost and Management Accounting · PYQS · June 2018
Budget which remain unchanged regardless of the actual level of the activity is known as:
(A) Fixed Budget
(B) Functional budget
(C) Flexible budget
(D) Cash budget

Answer & Explanation:

Correct Answer: Option (A)

Official answer key: (A).

Topics: Cost and Management Accounting

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