A static budget is based on a single assumed level of sales and is an excellent tool for planning.
Answer the following statement true (T) or false (F)
True
A static budget is based on a single assumed level of sales. Static budgets are excellent tools for planning, but they have weaknesses when they are used to measure progress. See 8-5: Budgeting: Planning for Accountability
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If the Open-Market Desk at the Fed sells securities, the most likely effect is that the
A. federal funds rate decreases. B. primary credit discount rate decreases. C. primary credit discount rate increases. D. federal funds rate increases.
Lisa brings a lawsuit against her employer for unlawful discrimination. Lisa is successful in proving that she was unlawfully discriminated against by her employer. Lisa may be awarded
a. back pay, but not retroactive promotions. b. retroactive promotions, but not back pay. c. damages, but not back pay. d. back pay, retroactive promotions and damages.
Which of the following is NOT an example of dependent demand items?
A) shoelaces, shoes B) wheels, car C) carafes, coffeemakers D) ice skates, roller skates
The Code excuses performance based upon commercial impracticability
Indicate whether the statement is true or false