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| A static budget A. Drops the current month or quarter and adds a future month or a future quarter as the current month or quarter is completed. B. Presents a statement of expectations for a period but does not present a firm commitment. C. Presents the plan for only one level of activity and does not adjust to changes in the level of activity. D. Presents the plan for a range of activity so that the plan can be adjusted for changes in activity. |