Fixed vs Flexible Budget | Which is better? | Types of Budget | Dr.Shuchi #costing #budget

Fixed Budget vs Flexible Budget explained in simple language! Learn the difference between fixed budget and flexible budget, and which budget is better for business planning and cost control.
Flexible Budget and Fixed Budget comparison made easy for commerce students, accounting learners, and beginners studying budgeting concepts in financial management and cost accounting.
Understand budgeting concepts, budget types, cost control, business planning, and financial management with easy examples in this quick and engaging YouTube Short.
In this video, we explain the meaning of Fixed Budget and Flexible Budget in the easiest way possible. A fixed budget remains the same even if production or sales change, while a flexible budget changes according to business activity levels. Businesses use these budgets for planning expenses, controlling costs, and improving decision-making.

This topic is very useful for Class 11 and Class 12 commerce students, B.Com, MBA, CA, CS, and CMA aspirants preparing for accounting, financial management, cost accounting and management accounting subjects.
👉 Watch till the end for quick revision and easy understanding!

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