Question: The budgeting process that involves adding a month to the end of the budget period at the end of each month, thus maintaining a twelve

The budgeting process that involves adding a month to the end of the budget period at the end of each month, thus maintaining a twelve-montl planning horizon, is referred to as:
Multiple Choice
participative budgeting.
zero-based budgeting.
continuous budgeting.
capital budgeting.
The budgeting process that involves adding a month to the end

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:

11 Which of the following would represent the order in which master budgets are prepared a) Sales, Purchases, Cash, Pro Forma Income Statement, Answer b) Purchases, Cash, Sales, Pro Forma Income...

Q:

What are Direct and Indirect costs: Which can be traced directly to units of product? Which are pooled, and why? What are overhead costs and why are they allocated and not charged directly? Be able...

Q:

The budgeting process that involves adding a month to the end of the budget period at the end of each month, thus maintaining a twelve-month planning horizon, is referred to as: A) zero-based...

Q:

The budgeting process that involves adding a month to the end of the budget period at the end of each month, thus maintaining a twelve-month planning horizon, is referred to as: A) capital budgeting....

Q:

the budgeting process that involves adding a month to the end of the budget period at the end of each month, thus maintaining a twelve - month planning horizon, is referred to as:

Q:

The budgeting process that involves adding a month to the end of the budget period at the end of each month, thus maimairing a twetre - moeth olonning horizon, is referred to as: Multiple Choice...

Q:

1. All the following are considered to be benefits of participative budgeting, except for: a. Individuals at all organizational levels are recognized as being part of a team; this results in greater...

Q:

UCL ste 5:1. What were your goals for the master budget you created for July, August, and September? 2. What process did you use to create each of the four budgets? Did the budgeting process differ...

Q:

please can u do this assignment? Cost Management Assignment #2 30% of Final Grade Chapters 6, 7 & 8 This Assignment has 6 Questions. Answer all questions using Microsoft Word. Very Important...

Q:

1. Salvage value A. in theory, is equal to the present value of the future cash flows of the asset. B. Should not be used to justify marginal investments. C. is the best prediction of what an asset...

Q:

Write a report to explain accounting ethics. Accounting relies heavily on estimations and judgment calls. This leads to situations where two ethical people can sharply disagree on how to approach an...

Q:

You are considering purchase a 10year, $20,000 bond with a 4 coupon, paid semiannually Similar bonds have a YTM of 46 You buy the day after the coupon payment date

Q:

if ROIC is greater than the rate of return that investors require, which is the weighted average cost of capital ( WACC ) , then the firm is adding value.

Q:

If the following join statement is used to join two tables in a query, which of the following tables would all of the tuples in the relation appear in results? left join university.students on...