___________ budgets are generally more expensive to maintain than single-period budgets because more time and effort is required in their preparation.

Question

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Continuous budgets cover a longer period of time, such as a rolling 12-month period, and require ongoing updates and adjustments. This leads to additional time and effort required in their preparation compared to single-period budgets. Zero-based budgets and production budgets may also require significant effort and resources, but the question specifically mentions that continuous budgets are more expensive to maintain than single-period budgets, ruling out discretionary budgets as a choice.

___________ Budgets Are Generally More Expensive to Maintain Than Single-Period