Budgets that cover a particular period of time, longer than a year, are
A) short-range budgets.
B) long-range budgets.
C) rolling budgets.
D) continuous budgets.

Question

Quizplus · Accepted Answer

Long-range budgets cover a period of time longer than a year, often up to five or ten years. Short-range budgets cover a period of one year or less. Rolling budgets are updated regularly to cover a specific time period, and continuous budgets are always in place and updated as needed.

Budgets That Cover a Particular Period of Time, Longer Than