_______ is prepared for single level of activity and single set of business conditions.

Related MCQs

• Which statement is true.I)Fixed budget assumes Changing business conditions. II)Flexible budget is prepared for only one level of activity.
• Which statement is true.I)Fixed budget assumes Changing business conditions. II)Flexible budget is prepared for only one level of activity.
• A budget which is prepared in a manner so as to give the budgeted cost for any level of activity is known as -
• Which statement is true.I)Financial accounts are prepared according to Accounting Standards. II)Management Accounting reports are also prepared according to accounting standard.
• Any special event happen into the business then which report is prepared ?
• The cost that tends to remain constant irrespective of the level of activity is called _______.
• Fixed budget is useless for comparison when the level of activity -
• Which of the following is a budget designed to furnish budgeted costs for any level of activity attained
• If the activity level increases 10%, total variable costs will
• _________ being the life blood of a business requires to be maintained in reasonably adequate quantity to run business successfully.