Which type of budget ties together the other three types of budgets?
QUESTION
Which type of budget ties together the other three types of budgets?
A) capital budget
B) cash budget
C) master budget
D) operating budget
E) sales budget
ANSWER
Answer: C
Explanation: C) Master budgets tie together the other three budgets (capital, cash, and operating) to present the company’s overall plan of action for a particular time period.
Expert paper writers are just a few clicks away
Place an order in 3 easy steps. Takes less than 5 mins.