A. the preparation of a master budget is a control function. True or False

B. Accountability is of critical importance to most non-profit (NFP) entities since they must ensure continued support from donors. True or False

C. The master budget takes into account different levels of sales and production. True or False

D. A summary of a company plans' for sales, production, distribution targets, and financing activities are laid out is known as a master budget. True or False.