The Master Budget Is a Detailed and Comprehensive Analysis of the ________

question 42

Multiple Choice

The master budget is a detailed and comprehensive analysis of the ________ of the ________ plan.

• A)first year; activity-based strategic
• B)first year; strategic
• C)first year; continuous
• D)first year; long-range

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Definitions:

Entrepreneur

An individual who creates, organizes, and manages a business venture, taking on greater than normal financial risks in order to do so.

Habit-breaking Strategies

Techniques or plans designed to help individuals break free from habitual behaviors or patterns that they find undesirable.

Idea Generation

The process of coming up with, refining, and disseminating fresh ideas.

Strategy

A plan of action designed to achieve a long-term or overall aim.