As far as the length of a budget period is concerned:
A)Quarterly budgets usually provide for more flexibility than do annual budgets.
B)The longer the budget period,the more accurate is the budget.
C)Longer budget periods provide for closer managerial control than do short periods.
D)It is a mistake to tie the budget period to a product's seasonality.
E)None of these is correct.

Question

Quizplus · Accepted Answer

Quarterly budgets allow for adjustments and modifications more frequently, providing more flexibility as compared to annual budgets, which may become rigid and less adaptable over time.

As Far as the Length of a Budget Period Is