If the budget of a company is reviewed and updated at regular intervals, it is known as :

CS Executive · Corporate and Management Accounting · PYQS · June 2024
If the budget of a company is reviewed and updated at regular intervals, it is known as :
(A) Capital budget
(B) Rolling budget
(C) Flexible budget
(D) Fixed budget

Answer & Explanation:

Correct Answer: Option (B)

Official answer key: (B).

Topics: Management Accounting

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