Which of the Following Statement Is Correct Regarding a Continuous

question 185

Multiple Choice

Which of the following statement is correct regarding a continuous budget?

• A)The budget is prepared for a one-year period that corresponds to the company's fiscal year.
• B)A continuous budget is a monthly budget.
• C)As a month/period expires in the budget, an additional month/period in the future is added so the company always has a 12-month budget on hand.
• D)None of these

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Definitions:

Preference

Describes an individual's selection or tendency towards a choice or option among various alternatives based on personal taste or value.

Sons

Male offspring in relation to their parents.

Self-Silencing

The act of suppressing one's thoughts, feelings, or needs to maintain relationships or avoid conflict.

Relational Authenticity

The genuine and honest expression of one's feelings, thoughts, and being in the context of interpersonal relationships.