A ________ expresses management's operating and financial plans for a specified period.

Question

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A master budget is a comprehensive financial plan that includes all of the organization's planned activities and events for a specified period, covering both operating and financial plans. It acts as a blueprint for an organization's activities and provides a plan that enables management to achieve the organization's goals and objectives. The other options represent important components and activities related to a company's strategy and planning but they do not fully capture the concept of a comprehensive financial plan.

A ________ Expresses Management's Operating and Financial Plans for a Specified