A Comprehensive or Overall Formal Plan for a Business That

Multiple Choice

A comprehensive or overall formal plan for a business that includes specific plans for expected sales,the units of product to be produced,the merchandise or materials to be purchased,the expense to be incurred,the long-term assets to be purchased,and the amounts of cash to be borrowed or loans to be repaid,as well as a budgeted income statement and balance sheet,is called a:

A) Master budget.
B) Cash budget.
C) Capital expenditures budget.
D) Rolling budget.
E) Production budget.