Fixed Budget
Static budget is a budget which envisages only one level of business activity.Here business activity means volume of production or sales.The static budget is camparitively easy to prepare.It tends to be far less accurate then flexible budget.
The budget that is prepared for one level of activity is known as a static budget. A static budget is often one of many other budgets that are created off of a master budget.
abudget based on a single level of output
A static budget be most effective in evaluating a manager for a few reasons. This might be the case if the store has been losing money and for once it is staying static.
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Any one can use a budget
Tiddlywinks
flexible budget and actual results
static planning budget and flexible budget
what type of static route does the administrator configure
Fixed or Static buget is for a particular activity level. Flexible budget is for a range of activity level. Differentiate between Fixed and Flexible budget ? Needs a complete answer.