The master budget only includes the sales budget,the capital expenditures budget,and the financial budget.

Question

Quizplus · Accepted Answer

The master budget includes several components, including the sales budget, production budget, direct materials purchases budget, direct labor budget, manufacturing overhead budget, selling and administrative expenses budget, cash budget, and budgeted income statement. The capital expenditures budget is also typically included, but is not the only component of the master budget.

The Master Budget Only Includes the Sales Budget,the Capital Expenditures