A newer budgeting concept that can be applied to either the ...

[rmenurse]

A newer budgeting concept that can be applied to either the incremental or zero-base budget is called the:
 a. static budget.
 b. variable budget.
 c. fixed budget.
 d. flexible budget.

Question 2

The one serious limitation of fixed budgets is:
 a. information technology has not been able to play a part in fixed budgets.
 b. fixed budgets are very difficult and expensive to manage.
 c. they don't provide managers with goals for financial performance that can be measured each accounting period.
 d. they don't have enough flexibility to be responsive to changes in the volume of work that needs to be done.

[janeli]

Answer to Question 1

b

Answer to Question 2

d

[rmenurse]

Thank you!

[janeli]

Always glad to help...