New Year Special - 75% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: ac75sure

N prepares budgets on an annual basis by using the budget from the previous year,...

CIMA P1 Full Course Access
CIMA P1 View All Questions

N prepares budgets on an annual basis by using the budget from the previous year, and then adjusting it for growth and inflation.

This is an example of:

A.

An incremental budget

B.

A rolling budget

C.

A flexed budget

D.

Zero based budgeting

P1 PDF/Engine
  • Printable Format
  • Value of Money
  • 100% Pass Assurance
  • Verified Answers
  • Researched by Industry Experts
  • Based on Real Exams Scenarios
  • 100% Real Questions
buy now P1 pdf
Get 75% Discount on All Products, Use Coupon: "ac75sure"
Next
State whether the following costs are relevant or non-relevant in the context of short-term decision...
A company has a budgeted contribution to sales (C/S) ratio of 30% and a budgeted...
Previous