A budget that is continually updated by periodically adding a new incremental time period such as a quarter, and dropping the period just completed is a
A) short-range budget.
B) long-range budget.
C) capital budget.
D) rolling budget.

Question

Quizplus · Accepted Answer

A rolling budget is a budget that is continually updated by periodically adding a new incremental time period such as a quarter, and dropping the period just completed. This type of budget is useful for businesses as it allows for flexibility and can adapt to changes in the business environment or economy.

A Budget That Is Continually Updated by Periodically Adding a New