Cost Accounting (15th Edition)

Published by Prentice Hall
ISBN 10: 0133428702
ISBN 13: 978-0-13342-870-4

Chapter 6 - Master Budget and Responsibility Accounting - Assignment Material - Questions - Page 230: 6-7

Answer

A rolling budget (continuous budget) is a budget that is always available for a specified future period. For example, as October ends, the budget for October of the next 12-month period is added to the rolling budget.

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