Questions

The first oil well was dug in 1859. The oil production has since declined but it retains its name for high grade oil

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.

Nucleic acid is a polymer among the given options.

The amount of water vapor ranges from a trace amount up to 4% of the mass of air. Water vapor exists as an invisible gas in the air.

The amount of water vapor in the air is called absolute humidity. The amount of water vapor in the air as compared with the amount of water that the air could hold is called relative humidity.

The maximum amount of water vapor that can be in the air depends on the air temperature.