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 4 was $5,000,000.
The Production Budget for Paranormal Activity 2 was $3,000,000.
The Production Budget for Back to the Future Part III was $40,000,000.
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The budget activity code is typically represented by a series of digits that indicate specific budgetary activities within an organization or government entity. These codes can vary by agency or program but generally consist of a combination of numbers that classify expenditures and funding sources. To find the precise set of digits for a particular budget activity code, one would need to refer to the relevant financial documentation or guidelines specific to that entity.
a budget which is prepared for one level of activity is:
The Production Budget for Paranormal Activity 4 was $5,000,000.
The Production Budget for Paranormal Activity 2 was $3,000,000.
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.
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