Which of the Following Best Describes a Rolling Budget

question 87

Multiple Choice

Which of the following best describes a rolling budget?

• A) It is a budget that continually outlines the amount required to roll over debt in a future period.
• B) It is created continually by adding a month, quarter, or year to the period just ended
• C) It is a budget that outlines budgeted expenses while utilizing a moving average
• D) It is a budget that is submitted to a bank at the beginning of every month as per a loan covenant.

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Definitions:

Performance Consultant

A professional who assesses, analyzes, and provides solutions and recommendations to improve the performance of individuals and organizations.

Competency Model

A framework that describes the specific skills, knowledge, and behaviors required for effective performance in a particular job or profession.

Talent Development

The systematic effort to improve individuals' abilities and skills for current and future organizational needs.

Knowledge Sharing

The exchange of information, skills, or expertise among individuals or organizations to foster learning and innovation.