Commerce Short Question | Gkseries

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

A A flexible budget considers only variable costs but a static budget considers all costs.
B Flexible budgets allow management latitude in meeting goals, whereas static budget is based on fixed standards.
C A flexible budget is applicable for a single department only but a static budget for entire production facility.
D A flexible budget can be prepared for any production level within a relevant range but a static budget is based on one specific level of production.

Answer & Explanation

Answer:A flexible budget can be prepared for any production level within a relevant range but a static budget is based on one specific level of production.

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