What budget is generally not included in a master budget?
A) Strategic budget
B) Capital budget
C) Operating budget
D) All of the answers are correct.

Question

Quizplus · Accepted Answer

The strategic budget is a separate budget that outlines long-term goals and strategies for the organization. It is not typically included in the master budget, which focuses on short-term financial planning and operational goals. The capital budget and operating budget are both commonly included in a master budget.

What Budget Is Generally Not Included in a Master Budget