The ________ budget is thought of as a "budget of budgets."
A)capital
B)cost
C)master
D)production
E)sales

Question

Quizplus · Accepted Answer

The master budget is considered the "budget of budgets" because it combines all of the smaller budgets (such as sales, production, and cost) together into one comprehensive plan for the entire organization's financial activities. Essentially, the master budget serves as the overall financial plan for the company.

The ________ Budget Is Thought of as a "Budget of Budgets