The primary difference between a static budget and a flexible budget is that a static budget :

a. is concerned only with future acquisitions of fixed assets, whereas a flexible budget is concerned with expenses that vary with sales.

b. includes only fixed costs, whereas a flexible budget includes only variable costs.

c. is suitable in volatile demand situation while flexible budget is suitable in a stable demand situation.

d. is a plan for a single level of production, whereas a flexible budget can be converted to any level of production.

Match each feature with the savings account type

Use this image to answer the following question. when the economy is operating at point b, the us congress is most likely to follow

This problem has been solved! see the answerwhich of the following statements is correct? the consumer price index is a measure of the overall level of prices, whereas the gdp deflator is not a measure of the overall level of prices. if, in the year 2011, the consumer price index has a value of 123.50, then the inflation rate for 2011 must be 23.50 percent. compared to the gdp deflator, the consumer price index is the more common gauge of inflation. the consumer price index and the gdp deflator reflect the goods and services bought by consumers equally well.