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A management team uses various budgeting methods as a central planning tool to coordinate activities in their organization
master budget
cash budget
administrative salaries
sources of cash
sources of expense
1 X
direct labor rates
no. of units sold and sales revenue
no. of units to be manufactured
cost of finished goods


Sagot :

Answer:A master budget is used to project the income and expenses of a company. ... The major components of a master budget include income and expenses, overhead and production costs, and the monthly, annual, average and projection totals.

Explanation:A master budget is a financial document that includes how much an organization plans to make and how much they plan to spend over a fiscal year, usually broken down into quarters or months. It may also include text explanations of how the budget can help the company reach its strategic goals.

A management team uses various budgeting methods as a central planning tool to coordinate activities in their organization through master budget. Read below about master budget.

What is a master budget?

A master budget is a financial statement that incorporates the amount an organization plans to make and how much they plan to spend over a fiscal year, usually broken down into quarters or months.

Therefore, the correct answer is option A. master budget.

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