Which of the following represents a general framework for guiding management's operating decisions containing projected activity levels for the next year?
A)master budget.
B)tactical short-range profit plan
C)static budget
D)all of the above.

Question

Quizplus · Accepted Answer

All the options listed (master budget, tactical short-range profit plan, and static budget) represent frameworks that guide management's operating decisions, including projected activity levels for the next year. Each of these budgets serves as a comprehensive financial plan for the organization's upcoming fiscal period, albeit with different focuses and details.

Which of the Following Represents a General Framework for Guiding