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प्रश्न
What is a Master Budget?
उत्तर
A master budget includes all lower-level budgets created by a company's many functional units. The financial strategy directs decision-making by connecting financial goals with operational plans. The document covers specific budgets for numerous departments and functions, including sales, production, marketing, and finance. It provides a holistic perspective of the company's financial performance and helps management monitor progress and make educated strategic decisions to ensure the achievement of organisational goals.
संबंधित प्रश्न
What is a Budget?
The budget that forms the fundamental basis of all budgets and lays down the revenue goals of an enterprise is the ______.
A wise guide to have an overall view of family income and expenses:
A budget is a statement that can be expressed:
A ______ is a quantitative plan prepared in advance for a future time period.
Budgets are an important tool of ______.
A budget relates to a ______ period.
Explain the term 'budget'.
How can the management of an organisation use the budgetary control system for planning and control?
The process of preparing budgets is known as ______.
