MASTER BUDGET

S

sunandaC

Sunanda K. Chavan
MASTER BUDGET

Master Budget expresses managements operating and financial plans for a period (usually a year) and comprises a set of budgeted financial statements.

It is the initial plan of what company intends to accomplish in the period.

TYPE OF BUDGET: A comprehensive plan is developed for all revenue and expenditures.

TYPE OF COST OR EXPENDITURE: Discretionary, engineered and committed costs.

EXAMPLES : All revenue and expenditures for any company.
 
sunandaC said:
MASTER BUDGET

Master Budget expresses managements operating and financial plans for a period (usually a year) and comprises a set of budgeted financial statements.

It is the initial plan of what company intends to accomplish in the period.

TYPE OF BUDGET: A comprehensive plan is developed for all revenue and expenditures.

TYPE OF COST OR EXPENDITURE: Discretionary, engineered and committed costs.

EXAMPLES : All revenue and expenditures for any company.
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Hello friend,

Here I am sharing Notes on Budgets and Preparing the Master Budget, so please download and check it.
 

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