Question: What is a continuous ( or perpetual ) budget? Select one: a . It is a plan that is updated monthly or quarterly, dropping one

What is a continuous (or perpetual) budget?
Select one:
a. It is a plan that is updated monthly or quarterly, dropping one period and adding another.
b. It is a strategic plan that does not change.
c. It is used in companies that experience no change in sales.
d. It is prepared for a range of activity so that the budget can be adjusted for changes in activity.

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