A Master Budget ________

Multiple Choice

A master budget ________.

A) is the initial plan of what the company intends to accomplish in the period and evolves from both the operating and financing decisions
B) is only prepared for manufacturers as they are the only type of company with material purchases and work-in-process accounts.
C) improves companies' market capitalization and evolves from both the investing and financing decisions
D) is another name given to the financial budget