Which of the following is not a characteristic of a rolling budget?
A)This 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 answer choices are characteristics of a rolling budget.

Question

Quizplus · Accepted Answer

A rolling budget typically includes more than 12 months of data and the budget rolls forward each month, but it does not necessarily mean that only the first quarter is broken down into months at the beginning of the budget period.

Which of the Following Is Not a Characteristic of a Rolling