When a budget is revised by adding a new quarterly budget to replace a previous one, this is a D. Rolling budget.
This is a type of budget that is considered continuous and perpetual because it captures the needs of the company over a longer period.
For instance, a rolling budget might be for a year but divided into 4 parts for each quarter such that as each quarter comes along, the company will simply start using the next quarterly budget.
Find out more on rolling budgets at https://brainly.com/question/23209198.