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    Managerial Accounting Study Set 7
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    Exam 9: Budgeting
  5. Question
    A Continuous or Perpetual Budget Is One That Covers a 12-Month
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A Continuous or Perpetual Budget Is One That Covers a 12-Month

Question 133

Question 133

True/False

A continuous or perpetual budget is one that covers a 12-month period,but is constantly adding a new month onto the end of the 12-month period as the current month is completed.

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