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Farshid Hasnat
on Oct 15, 2024

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Another name for a static budget is a variable budget.

Static Budget

A fixed budget that remains unchanged over a period, regardless of variations in actual sales volume, production levels, or other operating factors.

Variable Budget

Variable Budget is a budget that adjusts based on changes in the volume of activity, allowing expenses to vary in direct proportion to changes in operational levels.

  • Acquire insight into the differences between fixed and variable budgets.
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MG
Myles GivenOct 22, 2024
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