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Budgeting (A) What is the master budget and its purpose; (B) whatare the advantages...

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Accounting

Budgeting (A) What is the master budget and its purpose; (B) whatare the advantages of budgets; and (C) what is the operating budgetand its components?

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a Master budget is the aggregate of all budgets prepared by different funtional area of the company it also includes financial statement cash flow and income statement This budget also    See Answer
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In: AccountingBudgeting (A) What is the master budget and its purpose; (B) whatare the advantages of...Budgeting (A) What is the master budget and its purpose; (B) whatare the advantages of budgets; and (C) what is the operating budgetand its components?

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