Fixed Budget – Meaning, Benefits, Drawbacks, and More
As the name suggests, a fixed budget remains fixed even when there is a change in the business activity. Or, we can say it… Read Article
Static Budget
Static Budget – Meaning, Importance, Benefits and More
A static budget or fixed budget is a type of budget where the value does not change despite changes in the sales volume. The… Read Article
Types of Budget
The budget forecasts the future activity of the company and helps in allocating the funds/resources to the different areas or departments of the business.… Read Article