A master budget consists of
A) an interrelated long-term plan and operating budgets.
B) financial budgets and a long-term plan.
C) interrelated financial budgets and operating budgets.
D) all the accounting journals and ledgers used by a company.

Question

Quizplus · Accepted Answer

A master budget consists of interrelated financial budgets and operating budgets, integrating various components of a business's budgeting process into a comprehensive financial plan.

A Master Budget Consists of