Question

T/F a continuous or perpetual budget is a 12-month budget that rolls forward one month (or quarter) as the current month (or quarter) is completed.

Answer 1

A budget is a quantitative plan that divides resources into operations budgets for each of the period's quarters, months, and years.

 What is a perpetual or continuous budget?

A 12-month budget that rolls forward one month (or quarter) as the current month (or quarter) is finished is known as a continuous or everlasting budget. True. 20 terms were just studied by you.

What is a perpetual budget?

Permanent Budget. a 12-month budget that advances one month (or quarter) after the current one. This strategy keeps managers oriented at least a year out, preventing them from becoming overly narrowly focused on immediate results.

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