Economics · Management Accounting

The finance function of Bengal Co. has instructed its divisions that once the budgets for the next year are formally agreed, steps will be taken to maintain their ongoing relevance by undertaking a monthly review of budgets for forthcoming months in light of performance in earlier months. Which of the following best describes this approach?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Rolling budgeting✓
2Zero-based budgeting
3Incremental budgeting
4Flexible budgeting

Correct answer

Rolling budgeting

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