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

_______ is prepared for single level of activity and single set of bus

1.	_______ is prepared for single level of activity and single set of business conditions.
A.	Fixed budget
B.	Flexible budget
C.	Both a and b
D.	None of the above
Answer» B. Flexible budget

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

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