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4 Budgets that are continuously updated by adding a ne off the period just completed are known as: ( a ) rolling budgets ( b

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4 Budgets that are continuously updated by adding a ne off the period just completed are known as:
(a) rolling budgets
(b) period budgets
(c) operating budgets
(d) master budgets.
5 Which peir of the following terms is synonymous?
(a) Rolling budgets, continuous budgets
(b) Static budgets, fierible budgets
(c) Period buagets, rolling buiggets
(d) Master buagets, zerobased budgets
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