Multiple Choice
…….is a budget which is updated continuously by adding a further period (a month/quarter) and deducting a corresponding earlierperiod.
A) rolling budget
B) continuous budget
C) annual budget
D) both a & b
Correct Answer:

Verified
Correct Answer:
Verified
Q1: ……….is the consolidated summary of the various
Q2: …………………budget is the preparation of budget starting
Q4: …………..budget is designed to remain unchanged irrespective
Q5: …………………budget is the most important budget and
Q6: ………budget gives an estimate of the anticipated
Q7: …………is a summary of all function budgets
Q8: Budgeting system…................ key managerial functions. School of
Q9: The budget relating to.................... must be prepared
Q10: ……….budget gives differentbudgeted costs for different levels
Q11: …….budget may be classified into material cost