Answered

Explore Westonci.ca, the top Q&A platform where your questions are answered by professionals and enthusiasts alike. Get quick and reliable solutions to your questions from a community of seasoned experts on our user-friendly platform. Get quick and reliable solutions to your questions from a community of experienced experts on our platform.

Question Content AreaWhich of the following is true of the master budget? a.Variable costs cannot change from one month to another. b.The master budget can reflect seasonal effects. c.Fixed costs cannot change from one month to another. d.Monthly budgets are derived by dividing the master budget by 12. e.None of these choices are correct.

Sagot :

chilljain33

A master budget is such a budget where the fixed costs cannot change from one month to another; and monthly budgets are derived by dividing the master budget by 12.

What is a master budget?

The method of budgeting, which involves the total or aggregation of small or sub-budgets, which is backed by a financial plan, is known as the preparation of a master budget.

Hence, option C and D hold true regarding master budget.

Learn more about master budget here:

https://brainly.com/question/15900166

#SPJ1

Thanks for using our service. We're always here to provide accurate and up-to-date answers to all your queries. Your visit means a lot to us. Don't hesitate to return for more reliable answers to any questions you may have. We're glad you chose Westonci.ca. Revisit us for updated answers from our knowledgeable team.