A comprehensive budget is also referred to as the:
A) master budget.
B) sales budget.
C) purchases budget.
D) universal budget.

Question

Quizplus · Accepted Answer

A comprehensive budget is often referred to as a master budget as it includes all the individual budgets (sales, production, marketing, etc.) and provides an overall financial plan for the organization. Therefore, option A is the best choice. Options B, C, and D are not appropriate as they refer to specific budgets and are not comprehensive in nature.

A Comprehensive Budget Is Also Referred to as The