Question: Which of the following is a deficiency of using a static planning budget in performance reports? Multiple choice question. The report compares actual revenues and costs at one level of activity with budgeted revenues and costs at the same level of activity The report compares actual revenues and costs at one level of activity with budgeted revenues and costs at a different level of activity The report compares actual costs at one level of activity with budgeted revenues at a different level of activity The report compares actual revenues at one level of activity with budgeted revenues at the same level of activity