. . . . . . . . is a summary of all function budgets in a Capsule form.

Master budget
Sales budget
Performance budget
Cash budget

The correct answer is: A. Master budget

A master budget is a comprehensive financial plan for a business that includes all of its operating, investing, and financing activities for a specific period of time. It is a summary of all function budgets in a capsule form.

A sales budget is a forecast of sales revenue for a specific period of time. It is used to determine the level of production and inventory needed to meet customer demand.

A performance budget is a budget that focuses on the performance of a business unit or department. It is used to measure the efficiency and effectiveness of a business unit or department.

A cash budget is a forecast of cash receipts and disbursements for a specific period of time. It is used to ensure that a business has enough cash on hand to meet its obligations.

Exit mobile version