A budget that adds a new month at the end of the budget when a month is completed,resulting in a budget that is always one year in advance is a:

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This is a continuous budget as it constantly adds a new month at the end, keeping the budget one year in advance. A flexible budget adjusts to changes in level of activity, a static budget remains fixed at one level of activity, and a capital budget is a budget for long-term investments.

A Budget That Adds a New Month at the End