Question: A rolling budget is a budget or plan that _______. A. rolls all budget categories together into a master budget B. rolls several budgets together

A rolling budget is a budget or plan that _______.

A. rolls all budget categories together into a master budget

B. rolls several budgets together for forecasting purposes

C. has one budget category roll into the next category

D. is always available for a specified future period by replacing time periods as the lapse

E. is not used to guide operations

Step by Step Solution

3.58 Rating (165 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

Answer The correct option is D is always available for a specified future period by replacing tim... View full answer

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!