Lara, a manager in the treasury department, has prepared a budget that updates the current month's budgeted ending balance to the actual end-of-month information. Lara has created a(n)
A) imposed budget.
B) participative budget.
C) rolling budget.
D) zero-based budget.

Question

Quizplus · Accepted Answer

In a rolling budget, the actual information is updated at the end of every month so that the budget begins with the real values at the start of each month.

Lara, a Manager in the Treasury Department, Has Prepared a Budget