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  2. Topic
    Business
  3. Study Set
    Cost Accounting
  4. Exam
    Exam 7: Flexible Budgets, Direct-Cost Variances, and Management Control
  5. Question
    A Master Budget Is ________
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A Master Budget Is ________

Question 44

Question 44

Multiple Choice

A master budget is ________.


A) a budget which starts from a zero base
B) based on the level of expected output at the start of the budget period
C) developed at the end of a period
D) a type of flexible budget once actual results are known

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