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Management · Q150

Management Accounting

Graduate and Post Graduate · Management · question 150

Q150

Budget which is planned around a single output level is called

A.
marketing budget
B.
methodological budget
C.
static budget
Answer
D.
varied budget

Answer: Option C

Solution

Answer: Option C
Solution:
Budget which is planned around a single output level is called static budget. A static budget is a type of budget that incorporates anticipated values about inputs and outputs that are conceived before the period in question begins.