03 Aug What is the difference between a flexible budget and a static budget?
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In your own words, answer this unit’s discussion questions in a main post (recommended minimum 300 words), and respond to at least two peers’ postings (recommended minimum 75 words).
After you have reviewed the Assignment Details below, click the Discussion Board link under the My Work heading above to open the Discussion Board and make your post.
Assignment Details
Various types of budgets facilitate understanding the big picture of a business. There are budgets that are set and unchangeable, as well as budgets that allow for variability.
Explain 2 different types of budgets and discuss how they complement each other.
What is the difference between a flexible budget and a static budget? Which one do you believe works better for a business you have worked for or about which you are familiar?
