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14 May, 12:31

LO 7.1Why might a rolling budget require more management participation than an annual budget?

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  1. 14 May, 12:37
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    Answer and explanation:

    A rolling or continuous budget is one that is constantly being updated as soon as the current budget is completed. This type of budget requires more managerial attention than the annual budget because the continuous budget information must be updated month after month. Thus, only a dedicated team should take charge of the rolling budget to control the quantity of data that will be recorded.
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