Ask Question
4 October, 13:01

A comprehensive or overall formal plan for a business that includes specific plans for expected sales, the units of product to be produced, the merchandise (or materials) to be purchased, the manufacturing, selling, administrative, and general expense to be incurred, the long-term assets to be purchased, and the amounts of cash to be borrowed or loans to be repaid, as well as a budgeted income statement and balance sheet, is called a (n) :

+5
Answers (1)
  1. 4 October, 15:41
    0
    The correct answer is Master Budget.

    Explanation:

    A master plan, as its name implies, is a document that contains the strategy to be followed in the medium term. This information is constructed by all those responsible for the areas of the organization, so it will have the details of the strategies for each missionary area. This document is generally organized to be executed in a time greater than 1 and less than 5 years in general.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “A comprehensive or overall formal plan for a business that includes specific plans for expected sales, the units of product to be produced, ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers