A Continuous (Or Perpetual) Budget:

(Correct Answer Below)

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A Continuous (Or Perpetual) Budget:

A. is prepared for a range of activity so that the budget can be adjusted for changes in activity. B. is a plan that is updated monthly or quarterly, dropping one period and adding another. C. is a strategic plan that does not change. D. is used in companies that experience no change in sales.
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is a plan that is updated monthly or quarterly, dropping one period and adding another.

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