Accounting · Budgetary Control

A master budget comprises which of the following?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Only the capital expenditures budget
2The budgeted cash flow statement only
3The budgeted profit and loss account only
4The budgeted cash flow, budgeted profit and loss statement, and budgeted balance sheet✓

Correct answer

The budgeted cash flow, budgeted profit and loss statement, and budgeted balance sheet

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A master budget comprises which of the following?

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A master budget comprises which of the following?

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