CONTINUOUS BUDGET Definition

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CONTINUOUS BUDGET is a budget that rolls ahead each time period (e.g., month) without regard to the fiscal year, i.e., a twelve-month or other periodic forecast is always available; also called a ROLL FORWARD BUDGET.

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MANAGEMENT CONTROLS are controls performed by one or more managers.

SHAREHOLDER is an individual or company, (including corporations) that legally owns one or more shares of a company.

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