Difference between revisions of "Rolling budget"
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According to [[Cost Accounting by Horngren, Datar, Rajan (14th edition)]], | According to [[Cost Accounting by Horngren, Datar, Rajan (14th edition)]], | ||
:[[Rolling budget]]. Budget or plan that is always available for a specified future period by adding a period (month, quarter, or year) to the period that just ended. Also called continuous budget. | :[[Rolling budget]]. Budget or plan that is always available for a specified future period by adding a period (month, quarter, or year) to the period that just ended. Also called continuous budget. | ||
| + | According to [[Managerial Accounting by Braun, Tietz (5th edition)]], | ||
| + | :[[Rolling budget]]. A budget that is continuously updated so that the next 12 months of operations are always budgeted; also known as a continuous budget. | ||
[[Category: Accounting]][[Category:Articles]] | [[Category: Accounting]][[Category:Articles]] | ||
Latest revision as of 18:45, 16 July 2020
Rolling budget is budget or plan that is always available for a specified future period by adding a period (month, quarter, or year) to the period that just ended. Also called continuous budget.
Definitions
According to Cost Accounting by Horngren, Datar, Rajan (14th edition),
- Rolling budget. Budget or plan that is always available for a specified future period by adding a period (month, quarter, or year) to the period that just ended. Also called continuous budget.
According to Managerial Accounting by Braun, Tietz (5th edition),
- Rolling budget. A budget that is continuously updated so that the next 12 months of operations are always budgeted; also known as a continuous budget.
