The Master Budget Reports a Large Amount of Nonfinancial Data

question 148

True/False

The master budget reports a large amount of nonfinancial data from various value chain functions.

---

Definitions:

Operating Leverage

A measure of how revenue growth translates into growth in operating income, determined by a company’s fixed versus variable costs.

Operating Cash Flows

The cash generated from the normal operations of a business, reflecting its ability to generate sufficient cash to maintain and develop its operations.

Units Sold

The total number of product units that have been sold during a specific time period.