________ is the Japanese word for card that has come to mean "signal."

A static budget

a) should not be prepared in a company. b) shows planned results at the original budgeted activity level. c) is changed only if the actual level of activity is different than originally budgeted. d) is useful in evaluating a manager's performance by comparing actual variable costs and planned variable costs.

Perpetuities last "forever" but annuities have a finite life

Indicate whether the statement is true or false