Answered

At Westonci.ca, we make it easy for you to get the answers you need from a community of knowledgeable individuals. Ask your questions and receive precise answers from experienced professionals across different disciplines. Discover detailed answers to your questions from a wide network of experts on our comprehensive Q&A platform.

Fixed budget performance reports compare actual results with the results expected under a fixed budget. A) True B) False

Sagot :

The answer is true. A fixed budget is a financial plan that is not adjusted to reflect fluctuations in actual activity. They are the most common type of budget because they are easier to create than flexible budgets.

A fixed budget is a budget that does not change with changes in activity or output levels. A variable budget is a budget that fluctuates depending on the unit's activity level and production volume. A flexible budgets is static and never changes. Fixed budgets can be used for projects that contain fixed funds for specific programs such as capital expenditures, advertising and promotions, and major refurbishments.

To learn more about fixed budget, click here.

https://brainly.com/question/14989348

#SPJ4

We hope you found what you were looking for. Feel free to revisit us for more answers and updated information. We hope you found this helpful. Feel free to come back anytime for more accurate answers and updated information. Thank you for choosing Westonci.ca as your information source. We look forward to your next visit.