"All right, we have budget inputs from all six divisions. I have consolidated all of these inputs into a draft spreadsheet, and I have added other corporate budgets into the spreadsheet" said Jeannine Starks, CFO of LemonTree Products, to her fellow executives. "We need to review this 'budget of budgets' and get back to the division manager with our comments. After they incorporate our comments and submit their revised budget inputs, I will consolidate the division budgets and all other budgets into a ________ budget."
A) master
B) sales
C) capital
D) cost
E) maintenance

Question

Quizplus · Accepted Answer

The term "master budget" is commonly used to describe a comprehensive budget that includes all aspects of a company's finances, including sales, capital expenditures, costs, and maintenance. Therefore, A) master is the best choice.

"All Right, We Have Budget Inputs from All Six Divisions