Question

The budget which is not suitable for long term planning is​

Answer 1

Answer:

long term budget plan hope it helps you mark me as brainlist plz

Answer 2

The budget which is not suitable for long-term planning is​ a fixed budget.

• Fixed budget is based on the assumption that there will be no change in the level of activity. This budget is more useful for a short period of time when level of activity is not expected to change. Practically, this budget is of less use and has limited applications in controlling cost.
• A budget which is prepared on the basis of standard or fixed level of activity is known as fixed budget.
• But a flexible budget is more realistic for long-term planning and practically used for cost control purpose.