???_____ models are mathematical models of the master budget that can react to any set of assumption about sales, costs, and product mix.
A)Budgeting analysis
B)Financial planning
C)Accounting
D)Futuring

Question

Quizplus · Accepted Answer

Financial planning models are used to create mathematical representations of the master budget that can be adjusted based on different assumptions about sales, costs, and product mix. These models help companies to forecast their financial position and make informed decisions about resource allocation and investments. Budgeting analysis, accounting, and futuring are all related to financial planning but do not specifically refer to these mathematical models.

???_____ Models Are Mathematical Models of the Master Budget That