In this type of control system,the master budget is based on a single prediction for sales volume,and the budgeted amount for each cost essentially assumes that a specific amount of sales will occur:
A)Sales budget.
B)Standard budget.
C)Flexible budget.
D)Fixed budget.
E)Variable budget.

Question

Quizplus · Accepted Answer

This is a description of a fixed budget, where the budget is based on a single prediction for sales volume and assumes a specific amount of sales will occur.

In This Type of Control System,the Master Budget Is Based