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1 pages/≈275 words
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Subject:
Accounting, Finance, SPSS
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Coursework
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English (U.S.)
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MS Word
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$ 5.62
Topic:
What is a Static Budget?
Coursework Instructions:
What is a static budget? What is a flexible budget? Which is more useful, and why? Cite any references used. I only need 150 words.
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Static Budget
A static budget is not subject to any changes, despite any alterations that may happen during the operations. Shim et al. (305) elaborated that cost controls do not affect the static budget like cost controls within the financial period. The financial department examines every aspect of the static budget to ensure it will not be affected drastically during that period. A flexible budget takes account-varying costs in a business, and has room for changes and alterations. Mostly, volume changes in production like an increase or a fall are well catered for by this budget (Shim et ...
Instructor:
Course:
Date:
Static Budget
A static budget is not subject to any changes, despite any alterations that may happen during the operations. Shim et al. (305) elaborated that cost controls do not affect the static budget like cost controls within the financial period. The financial department examines every aspect of the static budget to ensure it will not be affected drastically during that period. A flexible budget takes account-varying costs in a business, and has room for changes and alterations. Mostly, volume changes in production like an increase or a fall are well catered for by this budget (Shim et ...
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