Which of the following is not a component of the master budget?
A)Selling and administrative expenses budget
B)Ending inventory and cost of goods sold budget
C)Capital expenditures budget
D)Sales budget

Question

Quizplus · Accepted Answer

The capital expenditures budget is not a component of the master budget; it is part of the financial budget, which is separate from the operating budgets that make up the master budget.

Which of the Following Is Not a Component of the Master