Which of the following is a characteristic of a rolling budget?
A) A method of budgeting always includes 12 months of data.
B) As one month ends,it is removed from the budget and the entire budget rolls forward one month.
C) At the beginning of the budget period,management breaks down only the first quarter into months.
D) All of these ans choices are characteristics of a rolling budget.
Correct Answer:
Verified
Q51: Which of the following is an advantage
Q52: Which of the following is
Q54: Budgetary slack is also referred to as
A)Budgetary
Q56: Under both participative budgeting and imposed budgeting,the
Q58: Which of the following budget approaches begins
Q58: Sara Speed requested $120,000 in her budget
Q59: An ideal standard signifies
A)Perfection.
B)Realistic projections.
C)Attainable goals.
D)All of
Q60: Deviations from the budget may occur because
Q61: The difference in standard price and standard
Q62: Direct materials standards specify both
A)Quantity and efficiency.
B)Quantity
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