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Which of the following is NOT a component of a master budget?

Practice Questions

1 question
Q1
Which of the following is NOT a component of a master budget?
  1. Operating budget
  2. Financial budget
  3. Sales budget
  4. Variance budget

Questions & Step-by-step Solutions

1 item
Q
Q: Which of the following is NOT a component of a master budget?
Solution: A variance budget is not a component of a master budget; it is a tool used for analysis after the budget is implemented.
Steps: 0

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