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August 3, 2021

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).

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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?

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