In a (n) ____, as one month expires, an additional month in the future is added to the budget so that the company always has a 12-month plan on hand.

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A continuous budget is a rolling budget that is updated regularly, typically on a monthly basis, to provide a long-term view of the organization's financial health. As each month passes, the budget is extended by another month, ensuring that the organization always has a 12-month plan in place. This allows companies to adjust their plans and forecasts as conditions change, helping to improve their ability to respond to unforeseen events and to take advantage of opportunities as they arise.

In a (N) ____, as One Month Expires, an Additional