Questions

IBM - International Business Machines Corporation has a nickname as Big Blue.

China is the largest producer of Rice in the world.

The goal of a statement of purpose is to indicate what is expected to be accomplished in doing an experiment.

You cannot link excel worksheet data to a word document With the copy and paste buttons on the standard toolbar.

1. A fixed budget is established for a specific level of activity whereas flexible budget is prepared for various levels of activity.

2. Fixed budget cannot be changed after the period commences, whereas a flexible budget can be changed after the period commence.

3. Fixed budget is more suitable for fixed expenses whereas flexible budget takes both fixed as well as variable expenses in account.

4. Fixed budget includes only fixed costs, whereas a flexible budget includes fixed costs, variable costs and semi variable costs.

5. Fixed budget is mainly used in planning stage whereas flexible budget is used in controlling stage.