A fixed budget is based on a single predicted amount of sales or other measure of activity. A fixed budget is an economic strategy that is not altered to account for changes in real activity. Because it is simpler to create than a flexible budget, it is the form of budget that is utilised the most frequently.
A fixed budget is one that is unaffected by changes in output or activity levels. A flexible budget is one that adjusts according to the volume of activity or the output of units. The fixed budget is constant and under never circumstances changes.
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