The Practice of Preparing Budgets for Each of Several Future

Multiple Choice

The practice of preparing budgets for each of several future periods and revising those budgets as each period is completed, adding a new budget each period so that the budgets always cover the same number of future periods, is called:

A) Balanced budgeting.
B) Participatory budgeting.
C) Primary budgeting.
D) Capital budgeting.
E) Continuous budgeting.