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in this presentation we will take a look at multiple-choice questions related to flexible budgets and standard costs going through the questions and then practicing test taking skills with them first question a budget based on several different levels of activity is a a rolling budget the production budget see static budget D movable budget or a flexible budget letamp;#39;s go through this again using the process of elimination a budget based on several different levels of activity is a either a rolling budget our rolling budget that sounds like itamp;#39;s kind of moving and weamp;#39;re to have different levels of activities so that seems kind of like it could be reasonable B says production budget now weamp;#39;re talking about a budget based on several different levels maybe we might say production budget C says static budget and that kind of indicates that somethingamp;#39;s not moving itamp;#39;s kind of staying the same so I would think itamp;#39;s not C and then D says m
