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Which of the following is true of the master budget of a company? a. It is a moving 12-month budget. b. It corresponds to the calendar year of a company. c. It is a comprehensiv…

Which of the following is true of the master budget of a company? a. It is a moving 12-month budget. b. It corresponds to the calendar year of a company. c. It is a comprehensiv…
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Which of the following is true of the master budget of a company?

a. It is a moving 12-month budget.
b. It corresponds to the calendar year of a company.
c. It is a comprehensive financial plan for an organization as a whole.
d. It is always prepared for a 5-year period.

User TheKvist
by
8.3k points

1 Answer

1 vote

Answer:

C, it's a plan for the entire organization.

User Tanzaho
by
9.1k points
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