Budgets that are periodically revised and have new periods added to replace those that have lapsed are called:
A)Production budgets.
B)Sales budgets.
C)Cash budgets.
D)Rolling budgets.
E)Capital expenditures budgets.

Question

Quizplus · Accepted Answer

Rolling budgets are budgets that are periodically revised and have new periods added to replace those that have lapsed. This type of budgeting approach allows for more flexibility and adaptability to changes in the business environment.

Budgets That Are Periodically Revised and Have New Periods Added