Question

Which of the following budgets is considered the primary budget prepared in a business organization?

Q: Answer-Which of the following budgets is considered the primary budget prepared in a business organization?

The master budget is the comprehensive financial plan that consolidates all functional budgets sales, production, cash, etc.. It includes budgeted income statements and balance sheets.

A Flexible Budget

B Cash Budget

C Master Budget

D Capital Expenditure Budget

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Which of the following budgets is considered the primary budget prepared in a business organization?

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