A budget that continually reflects the most recent results and is updated to incorporate changes in strategy and the economy is called a:
A) Flexible budget
B) Static budget
C) Rolling budget
D) Zero-based budget

Question

Quizplus · Accepted Answer

A rolling budget is updated on a continuous basis to add a new budget period as the most recent budget period is completed, thus reflecting the most recent results and incorporating changes in strategy and the economy.

A Budget That Continually Reflects the Most Recent Results and Is