Which One of the Following Best Describes a Master Budget

question 45

Multiple Choice

Which one of the following best describes a master budget?

• A)It is an interrelated long-term plan and operating budgets.
• B)It includes financial budgets and a long-term plan.
• C)It includes interrelated financial budgets and operating budgets.
• D)It is all the accounting journals and ledgers used by a company.

---

Definitions:

Virtual Reality Exposure

A therapeutic technique using virtual reality technology to expose individuals to stimuli related to their fears or disorders.

Systematic Desensitization

A therapeutic technique aimed at reducing anxiety or fear by gradually exposing the person to the stimuli while teaching relaxation techniques.

Psychodynamic Therapy

A therapeutic approach emphasizing the psychological roots of emotional suffering, focusing on the role of unconscious processes and childhood experiences.

Operant Conditioning

A learning scheme in which the adjustment in behavior potency is achieved by incentive provision or penalty imposition.