Question: A budget that is continually updated by periodically adding a new incremental time period such as a quarter, and dropping the period just completed is

A budget that is continually updated by periodically adding a new incremental time period such as a quarter, and dropping the period just completed is a:

.

capital budget

.

short

-

range budget

.

rolling budget

.

long

-

range 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!

Jack Grealish Ltd has product data as below: $30 000 Sales revenue 4950 Variable costs 4000 Fixed costs $21 050 Net income If the product had a sales price of $30 per unit, what is the contribution...

Continually updating a budget by periodically adding a new incremental time period (like a month), and dropping the period just completed is a Select one: short-range budget. capital budget. rolling...

Q1) Cost-volume-profit analysis is based on certain general assumptions. Which of the following is not one of these assumptions? 1.Product prices remain constant as activity changes. 2. In...

A budget that is continually updated by adding another incremental time period and dropping the most recently completed period is called a:pro - forma budget.rolling budget.financial budget.capital...

A budget that is continually updated by adding another incrementai time period and dropping the most recently complited penod is criled at. pro-forma budget. master budget. financial budgot capital...

Course Textbook Lasher, W. R. (2011). Practical financial management (6th ed.). Mason, OH: South-Western. question1 1) Valuation options The following information refers to a six-month call option on...

1. A written budget can effectively communicate management's specific action plans to all employees. T or F 2. Continuous budgeting is the practice of revising budgets as time passes. T or F 3....

also see attached for more clear version A transaction involving a gain on the sale of equipment affects cash provided (used) by operating and financing activities. operating and investing...

HI I need help to with my assessment. Anyone can help me? T-1.8.1 Details of Assessment Term and Year T2 2017 Time allowed Week 2, 3, 4, 5, 6, 7, 8 Assessment No 1 Assessment Weighting 60% Assessment...

Q2. How to find the number of state variable of a given electrical system? Find the state space representation of the given circuit where the output is Vo(t). v;(1) R vo(1)

Find the centroid of the region shown. 13. 14. (3.2) 3 -2 2.

Vertical analysis _ _ _ _ _ _ _ _ _ _ . analyzes only liabilities analyzes only assets uses only net income converts financial statements into percentages

Discuss qualitative research designs in detail?