A short-term budget, broken down into a quarterly or monthly period and reviewed and modified in the light of changing conditions is: (A) Current Budget (B) Flexible Budget (C) Rolling Budget (D) Zero Base Budget
CS Executive · Cost and Management Accounting · PYQS · December 2017
A short-term budget, broken down into a quarterly or monthly period and reviewed and modified in the light of changing conditions is: (A) Current Budget (B) Flexible Budget (C) Rolling Budget (D) Zero Base Budget
Answer & Explanation:
Correct Answer: Option (C)
Official answer key: (C).
Topics: Budgeting
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