Question
A continuous budget is a. A one-year budget that continually budgets at the same sales. b. A budget covering the purchase of long-term assets c.
A continuous budget is
| a. A one-year budget that continually budgets at the same sales. | ||
| b. A budget covering the purchase of long-term assets | ||
| c. A one year- budget that rolls forward one month as the current month is completed. | ||
| d. A budget participated by all employees |
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Cost Accounting A Managerial Emphasis
Authors: Charles T. Horngren
3rd Edition
0131800345, 978-0131800342
