Select the correct statement about the master budget Select one: A. Preparing the master budget begins…
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Question “Select the correct statement about the master budget Select one: A. Preparing the master budget begins…”
Select the correct statement about the master budget Select one: A. Preparing the master budget begins with the cash budget. B. The budgeting process usually begins with preparing the strategic budgets. C. The master budget usually includes operating budgets and capital budgets but not pro forma financial statements D. The master budget is a group of detailed budgets and schedules representing the company’s operating and financial plans for the next accounting period/s.
Answer
Master Budget Cowex Tt (auel plans produadby different departments of pany) Aiancial plan Tt gear Lompanys whole #stal CoNTeet statement D
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