The _____ is an integrated set of operating, investing, and financing budgets for a period of time.
A) standard budget
B) budget performance report
C) zero-based budget
D) master budget

Question

Quizplus · Accepted Answer

The master budget is the integrated set of operating, investing, and financing budgets for a period of time that provide an overall plan for the company's future. The other options (standard budget, budget performance report, and zero-based budget) refer to specific components or reports related to the budgeting process, but not the complete set of budgets that make up the master budget.

The _____ Is an Integrated Set of Operating, Investing, and Financing