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About Overview of Master Budgets: What Is Master Budget?
The master budget consists of separate but interdependent budgets that lay out a company's sales, production, and financial goals for a period. It culminates in a cash budget, budgeted income statement, and budgeted balance sheet. The master budget requires numerous estimates and assumptions regarding unit sales, prices, production needs, costs, expenses, cash collections and payments in order to forecast the company's expected financial performance and position.
Detailed Information
| Author: | ['Consumer DigitalProduct'] |
|---|---|
| Publication Year: | 2021 |
| Pages: | 3 |
| Language: | English |
| Format: | |
| Price: | FREE |
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