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 a budgeting method where another budget period (usually a quarter) is added as the current budget period is completed. This allows for continuous budgeting and forecasting, making it easier for companies to adjust and plan for changes in the business environment. Therefore, a rolling budget is the best choice for the described scenario.

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