Which of the Following Is True of the Master Budget

question 38

Multiple Choice

Which of the following is true of the master budget?

• A) Monthly budgets are derived by dividing the master budget by 12.
• B) Fixed costs cannot change from one month to another.
• C) Variable costs cannot change from one month to another.
• D) The master budget can reflect seasonal effects.
• E) None of these.

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Definitions:

Microsoft Access

This Microsoft system for database management unites the relational Microsoft Jet Database Engine with a user-friendly graphical interface and software development utilities.

Manage Data

The process of organizing, storing, protecting, and controlling access to data to ensure its accuracy, reliability, and availability for users.

Define Fields

The process of specifying the name and data type for each column in a database or spreadsheet.

Name Table

In databases, a name table is used to store names or identifiers, often associated with other data elements or tables for reference purposes.