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Author Question: A newer budgeting concept that can be applied to either the incremental or zero-base budget is ... (Read 59 times)

rmenurse

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on: Aug 21, 2018
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.


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janeli

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Reply #1 on: Aug 21, 2018
Answer to Question 1

b

Answer to Question 2

d


rmenurse

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Reply #2 on: Aug 21, 2018
Thank you!


janeli

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Reply #3 on: Aug 21, 2018
Always glad to help...


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