A budget that is continuously updated by adding a further accounting period (a month or a quarter) when the earlier accounting period has expired is known as a:
A、Zero base budget
B、Rolling budget
C、Periodic budget
D、Flexible budget
A、Zero base budget
B、Rolling budget
C、Periodic budget
D、Flexible budget
【参考答案及解析】
The correct answer is: Rolling budget. Sometimes this is known as a continuous budget as the budget period is continually being extended.
The correct answer is: Rolling budget. Sometimes this is known as a continuous budget as the budget period is continually being extended.