A budget that adds a new month when the current month ends is called a:
A)Capital budget.
B)Master budget.
C)Rolling budget.
D)Quarterly budget.

Question

Quizplus · Accepted Answer

A rolling budget is a flexible budget that continually adds a new period as an old period expires. This enables businesses to always have a future focus and adapt as their circumstances change. Therefore, the best choice is option C, Rolling budget.

A Budget That Adds a New Month When the Current