Which of the Following Is Not a Characteristic of a Rolling

Multiple Choice

Which of the following is not a characteristic of a rolling budget?

A) This method of budgeting always includes 12 months of data.
B) As one month ends, it is removed from the budget and the entire budget rolls forward one month.
C) At the beginning of the budget period, management breaks down only the first quarter into months.
D) It requires a top-down approach.