The IRS budget activity code is how Congress manages the agency besides the appropriation level. An appropriation may contain multiple BACs but always at least one.
The Production Budget for Paranormal Activity 2 was $3,000,000.
The Production Budget for Paranormal Activity 4 was $5,000,000.
The Production Budget for Back to the Future Part III was $40,000,000.
authorization bill
code
01
a budget which is prepared for one level of activity is:
The Production Budget for Paranormal Activity 2 was $3,000,000.
The Production Budget for Paranormal Activity 4 was $5,000,000.
The budget that is prepared for one level of activity is known as a static budget. A static budget is often one of many other budgets that are created off of a master budget.
The Production Budget for Back to the Future Part III was $40,000,000.
The Production Budget for Source Code was $32,000,000.
The Production Budget for Code 46 was $7,500,000.
The Production Budget for The Omega Code was $7,200,000.
Fixed or Static buget is for a particular activity level. Flexible budget is for a range of activity level. Differentiate between Fixed and Flexible budget ? Needs a complete answer.
SALES
Rigid Budget: It does not change with actual volume of activity achieved. Thus it is known as a Rigid or inflexible budget.