What Is The Primary Difference Between A Static Budget And A Flexible Budget?

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What Is The Primary Difference Between A Static Budget And A Flexible Budget?

-The static budget contains only fixed costs, while the flexible budget contains only variable costs. -The static budget is prepared for a single level of activity, while a flexible budget is adjusted for different activity levels. -The flexible budget is prepared for a single level of activity, while a static budget is adjusted for different activity levels. -The static budget is constructed using input from only upper level management, while a flexible budget obtains input from all levels of management. -The flexible budget is constructed using input from only upper level management, while a static budget obtains input from all levels of management.
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The static budget is prepared for a single level of activity, while a flexible budget is adjusted for different activity levels.
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