Question

A variant of fiscal-year budgeting whereby a 12-month projection into the future is maintained at all times is termed _____ budgeting. a.master b.zero-based c.flexible d.continuous

Answer 1

A variant of fiscal-year budgeting whereby a 12-month projection into the future is maintained at all times is termed Continuous budgeting.

What is Continuous Budgeting?

• Budgets are created for future periods, revised throughout current periods, and adjusted at the conclusion of the term. This process is known as continuous budgeting.
• In other words, it's the practice of maintaining active, current, and future budgets to monitor costs and project growth in the future.
• The majority of businesses create their budgets on a monthly, quarterly, or annual basis, however many businesses now create weekly budgets to monitor sales and shipments.
• In the current era, these plans are utilized to establish financial and performance goals and benchmarks for the future.
• Following the conclusion of the current period, the budgeting process is restarted by developing a new plan for the following accounting period.

To learn more about Continuous Budgeting refer to:

brainly.com/question/14300218

#SPJ4