Ask Question
4 February, 13:48

The budgeting process that involves adding a month to the end of the budget period at the end of each month, thus maintaining a twelve-month planning horizon, is referred to as:

Multiple Choice

a. participative budgeting.

b. continuous budgeting.

c. zero-based budgeting.

d. capital budgeting.

+5
Answers (1)
  1. 4 February, 17:18
    0
    b. continuous budgeting

    Explanation:

    Continuous budgeting (sometimes referred to as rolling budgeting) involves continually adding an additional month to the end of a multi-period budget as each month goes by.

    The continuous budgeting concept is usually applied to a twelve-month budget, so there is always a full year budget in place.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “The budgeting process that involves adding a month to the end of the budget period at the end of each month, thus maintaining a ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers