Principal components of a master budget include
A)production budget
B)sales budget
C)capital expenditures budget
D)all of these choices

Question

Quizplus · Accepted Answer

The master budget is a comprehensive financial planning document that includes all of the principal components listed: production budget, sales budget, and capital expenditures budget. These components are integral parts of the overall budgeting process, helping an organization plan its financial activities comprehensively.

Principal Components of a Master Budget Include