If a company has adopted continuous budgeting the budget will show plans for
A) every day.
B) a full year ahead.
C) the current year and the next year.
D) at least five years.

Question

Quizplus · Accepted Answer

Continuous budgeting involves creating and updating budgets on a rolling basis, typically forecasting out a full year ahead. Therefore, the budget will show plans for a full year ahead.

If a Company Has Adopted Continuous Budgeting the Budget Will