A continuous (or perpetual) budget: is prepared for a range of activity so that

Question

A continuous (or perpetual) budget:

is prepared for a range of activity so that the budget can be adjusted for changes in activity.

is a plan that is updated monthly or quarterly, dropping one period and adding another.

is a strategic plan that does not change.

is used in companies that experience no change in sales.

is prepared for a range of activity so that the budget can be adjusted for changes in activity.

is a plan that is updated monthly or quarterly, dropping one period and adding another.

is a strategic plan that does not change.

is used in companies that experience no change in sales.

Explanation / Answer

Answer) option b

is a plan that is updated monthly or quarterly, dropping one period and adding another

Answer) option b

is a plan that is updated monthly or quarterly, dropping one period and adding another

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