What Is Characteristic of the Master Budget

question 100

Multiple Choice

What is characteristic of the master budget?

• A) The master budget can reflect seasonal effects.
• B) Monthly budgets are derived by dividing the master budget by 12.
• C) Fixed costs on the master budget cannot change from one month to another.
• D) Variable costs on the master budget cannot change from one month to another.

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Definitions:

Large Amounts

Referring to a significantly high quantity or volume of something.

Armed

Being equipped with weapons, especially firearms, for defense, attack, or intimidation purposes.

Carefully Planned

Actions or tasks that are devised with consideration and forethought, often to achieve a specific goal or outcome efficiently.

Entirely Unplanned

Refers to events or actions that occur without any prior intention or preparation, often leading to spontaneous and unpredictable outcomes.