Salizar Corporation is budgeting its equipment needs on an on-going basis, with a new quarter being added to the budget as the current quarter is completed. This type of budget is most commonly known as a:

Question

Quizplus · Accepted Answer

A rolling budget is updated continuously by adding a new period (e.g., quarter) as the current period is completed, ensuring the budget always extends a fixed period into the future. This approach allows for more flexible and up-to-date financial planning.

Salizar Corporation Is Budgeting Its Equipment Needs on an On-Going