The practice of preparing budgets for each of several future periods and revising those budgets as each period is completed, adding a new budget each period so that the budgets always cover the same number of future periods, is called:
A. Participatory budgeting.
B. Capital budgeting.
C. Balanced budgeting.
D. Continuous budgeting.
E. Primary budgeting.
Answer: D. Continuous budgeting.
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