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In continuous budget new period is added onto the budget at the end of each period so there are always several periods planned for the future and the budget remains up to date with the operating environment.
Eg: If the budget is for 12 months i.e Jan to Dec 2016, at the end of January'16 new period will be added Jan'17 . So periods will remain same at any point of time
Other budgets will expire at the end of budget time period, the time frame for this budget always remains the same Eg :one year, no matter it it is viewed in January or July
