Match each term to the correct definition (CHAPTER 8) Question 4 options: represents a summary of all of management's plans and goals for the future, and outlines the way in which these plans are to be accomplished is a detailed quantitative plan for the acquisition and use of financial and other resources over a given time period. a 12-month budget that continuously rolls forward one month (or quarter) at a time as the current month (or quarter) is completed. 1. A budget 2. A perpetual budget is 3. A master budget