Which of the following is a major component of a master budget?
A) A production throughput schedule.
B) A machinery maintenance schedule.
C) A manufacturing cost budget.
D) An employee training budget.

Question

Quizplus · Accepted Answer

A manufacturing cost budget is a major component of a master budget. This budget outlines the expected costs involved in producing goods or providing services within a specific period, allowing businesses to plan their operations accordingly. While the other options may be important factors in a company's budget and operations, they are not typically considered major components of a master budget.

Which of the Following Is a Major Component of a Master