Question: Which of the following statement is correct regarding a continuous budget? Group of answer choices As a month / period expires in the budget, an

Which of the following statement is correct regarding a continuous budget?
Group of answer choices
As a month/period expires in the budget, an additional month/period in the future is added so the company always has a 12-month budget on hand.
A continuous budget is a monthly budget.
None of these
The budget is prepared for a one-year period that corresponds to the company's fiscal year.

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