Rolling budgets:
I. Are often prepared monthly or quarterly
II. Reflect any changes going forward through a specified future period (usually annually or longer)
III. Provide managers with more current budget targets than traditional budgets
A) I and II only
B) I and III only
C) I, II, and III
D) II and III only

Question

Quizplus · Accepted Answer

Rolling budgets are prepared on a frequent basis (monthly or quarterly), updated to reflect changes for a future period, and offer more current targets, incorporating all aspects mentioned.

Rolling Budgets: I. Are Often Prepared Monthly or Quarterly