A key feature of many companies that have ________ is the use of rolling forecasts,which are created every few months.
A) restricted employee participation
B) established benchmarks
C) increased turnover rates
D) rejected budgets

Question

Quizplus · Accepted Answer

Rolling forecasts are often used by companies that have rejected budgets. Rolling forecasts provide an alternative to traditional budgeting by allowing for more frequent updates and adjustments to financial projections. This can be particularly helpful for companies facing uncertainty or rapidly changing market conditions. Rolling forecasts may also encourage a more collaborative and flexible approach to financial planning, which could be beneficial for companies looking to engage employees more fully in the planning process.

A Key Feature of Many Companies That Have ________ Is