What Is a Continuous Budget

question 63

Multiple Choice

What is a continuous budget?

• A)It is a budget that is constantly being revised as new information is gained.
• B)It is a budget that covers every aspect of the production process from the purchase of raw materials to the collection of revenue from sales.
• C)It is a budget where the time period just completed is dropped and an equal future time period is added.
• D)It is a term used to describe a budget that is prepared by a budget committee that meets on a continuous basis.

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Definitions:

Whole Milk

Milk from cows that has not had its fat content reduced; contains approximately 3.25% milk fat.

Calcium

A chemical element that is a vital nutrient necessary for many bodily functions, including bone formation, muscle contraction, and blood clotting.

Milligrams

A unit of mass equal to one thousandth of a gram.

Caloric Intake

The total amount of calories consumed through eating and drinking, integral to managing energy balance and nutritional health.