The practice of maintaining budgets for the same number of future periods, revising those budgets as each period is completed and adding a new budget each period, is called:

Question

Quizplus · Accepted Answer

The practice described in the question is known as rolling budgets, where future periods are added as each period ends and previous periods are revised. This allows for a more accurate and up-to-date forecast.

The Practice of Maintaining Budgets for the Same Number of Future