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What is a static budget?

Accounting Cost Accounting Finance Sector Financial Accounting Finance
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Question added by Hazim Hassan, CMA, CIFR , Chief Accountant , Al-ghanim & Debbas Gen. Trd. Co
Date Posted: 2017/05/25
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Omar Shalaby CPA
by Omar Shalaby CPA , BANKING ANALYST , CANADIAN WESTERN BANK., EDMONTON/ALBERTA

Static budgets are for a budgeted or

planned activity level, while flexible budgets are used to illustrate the changes from the static

budget due to a change in activity level. 

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