Question: 9 - 5 A moving, 1 2 - month budget that is updated monthly is a . a continuous budget. b . waste of time

9-5 A moving, 12-month budget that is updated monthly is
a. a continuous budget.
b. waste of time and effort.
c. a master budget.
d. not used by industrial firms.
e. always used by firms that prepare a master budget.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Q:

A moving, 12-month budget that is updated monthly is a. a waste of time and effort. b. a continuous budget. c. a master budget. d. not used by industrial firms. e. always used by firms that prepare a...

Q:

A moving, 12-month budget that is updated monthly is: a. a waste of time and effort. b. a continuous budget. c. a master budget. d. not used by industrial firms. e. always used by firms that prepare...

Q:

Multiple-Choice Questions 1. A budget a. Is a long-term plan. b. Covers at least two years. c. Is only a control tool. d. Is a short-term financial plan. e. Is necessary only for large firms. 2....

Q:

9-1 A budget a. b. c. is a long-term plan. covers at least 2 years. is only a control tool. d. is a short-term financial plan. e. is necessary only for large firms 9-2 Which of the following is part...

Q:

I am working in accounting assignment this assignment provide the questions and the narrative as I attached... I answered the first 6 question and struggling with 7,8,9,10... I tried my best to...

Q:

A moving, 1 2 - month budget that is updated monthly is a . not used by manufacturing firms. b . a waste of time and effort. c . a master budget. d . a continuous budget. e . always used by firms...

Q:

Summary of interviews below: Financial history of YNF below: Background Forrest runs Y Not Flowers, Inc. (YNF), a wholesale flower distributor with stores in several major metropolitan areas of the...

Q:

You need to make business plan for music company. company name is mg3. you can make plan according to you im attaching example of plan of another company, you can get idea from that example. do like...

Q:

ANNUAL REPORT 2019 MOSCOW COPENHAGEN MANCHESTER MINSK DUBLIN AMSTERDAM LONDON BRUSSELS DSS ELDOR F FRANKFURT PARIS ASTANA MUNICH ZURICH GENEVA MILAN TURIN GENOA VENICE MADRID BARCELONA BELGRADE...

Q:

1. A budget a. Is a long-term plan. b. Covers at least two years. c. Is only a control tool. d. Is necessary only for large firms. e. Is a short-term financial plan. 2. Which of the following is not...

Q:

Using the accompanying table, determine the most appropriate forecasting technique for the accompanying data about the Dow Jones Industrial Average yearly closing value and implement the model. Year...

Q:

The following is Crown Inc's unadjusted trial balance at its year end, November 30, 2021. The company adjusts its accounts annually: Cash Accounts receivable Supplies Prepaid rent Prepaid insurance...

Q:

If an oil well allows the investor the option to drill later, what must happen for the option to be exercised? Multiple Choice The probability of oil prices increasing must be less than the...

Q:

Determine the major differences between U.S. GAAP and IFRS disclosure reporting requirements related to each separately reportable operating segment. Next, give your opinion as to whether either U.S....