Continuous (Rolling) Budgets: Definition & Examples

Instructions:

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question 1 of 3

You are working on a rolling budget; it is an annual budget analyzed monthly. You have completed the analysis for June and adjusted the budget going forward. Which of the following is a step in this process?

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1. In a rolling budget, which of the following is completed at the end of a period?

2. Which of the following is a benefit of a rolling budget?

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About This Quiz & Worksheet

What is continuous, or rolling, budgeting? Find out what you know about it along with its benefits by using the quiz and worksheet.

Quiz & Worksheet Goals

You will see these topics on the quiz:

  • Benefits of rolling budgets
  • A negative of a rolling budget
  • Step completed at the end of a period
  • Step involved after adjusting the budget going forward in a rolling budget

Skills Practiced

  • Reading comprehension - ensure that you draw the most important information from the lesson on continuous/rolling budgets
  • Information recall - access the knowledge you have gained about the benefits of rolling budgets
  • Interpreting information - verify that you can read information about a drawback of a rolling budget and interpret it correctly

Additional Learning

If you'd like to review more, use the lesson called Continuous (Rolling) Budgets: Definition & Examples. You can study these other topics:

  • Components of a rolling budget
  • Why these budgets exist
  • An example of a rolling budget
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