Answer:
None of these answers is correct.
Explanation:
A static budget is also referred to as a fixed budget. A static budget remains constant throughout a period regardless of changes in inputs. A static budget is prepared at the beginning of a period. It is an informed forecast of incomes and production in the coming year.
A flexible budget adjusts to changes in volumes or activity. A flexible budget is prepared using the actual activity level and incomes at the end of a period. A comparison is then made with the actual expenses to evaluate the performance for the year.
Answer:
The answer is: level 3 fair value
Explanation:
Level 3 fair value refers to a valuation technique used in situations where the valuation is highly subjective. It is difficult to assign value to level 3 assets since their stocks aren't part of any trading market. For example, mortgage backed securities, private equity shares, foreign stocks, etc. are considered level 3 assets.
Answer: Internet transparency
Explanation:
Internet or network transparency is defined as the process where a protocol transmits data transparently or invisibly to those who are using the applications that the protocol uses. This allows the person to access the information no matter where they are. An example is when people access files in the clouds, regardless of where they are, they can access the information.
Internet transparency allows the person not to have to worry about the location of the protocol, that is, they do not have to worry about which machine they are on, but can access it through another computer.