A master budget is a compilation of forecasts for the coming year or operating cycle made of various departments or function within an organization.
What is the most important forecast made in a master budget? List the reasons for your answer.
Which budgets must managers prepare before they can prepare a direct materials purchases budget?
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The most important forecast made in the master budget is the sales forecast. This is so because the budgeted sales quantity ...
The most important forecast in a master budget are determined.