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    Financial and Managerial Accounting Study Set 11
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    Exam 22: Budgeting
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    A Variant of Fiscal-Year Budgeting Whereby a 12-Month Projection into the Future
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A Variant of Fiscal-Year Budgeting Whereby a 12-Month Projection into the Future

Question 87

Question 87

Multiple Choice

A variant of fiscal-year budgeting whereby a 12-month projection into the future is maintained at all times is termed _____ budgeting.


A) flexible
B) continuous
C) zero-based
D) master

Correct Answer:

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