A variant of fiscal-year budgeting whereby a twelve-month projection into the future is maintained at all times is termed

A. continuous budgeting

B. zero-based budgeting

C. master budgeting

D. flexible budgeting

Answer: continuous budget

Explanation: Continuous budgeting refers to the practice of introducing another period to the ends of a muti-period budget as each month passes by.

This strategy seems to have the benefit of having somebody actively look after the budget and revisit budget predictions for the budget's last cumulative span.

The constant definition of budgeting may commonly applied to that of a twelve-month schedule, so a complete-year budget is also in effect. Nevertheless, such budget duration may not conform to the financial year of a corporation.