managerial

View Discussion Post a total of 3 substantive responses over 2 separate days for full participation. This includes your initial post and 2 replies to other students Due Thursday Respond to the following in a minimum of 175 words: Discuss the circumstances and effective use of master budgeting (Ch. 8), flexible budgets and performance analysis (Ch. 9), standard costs and variances (Ch. 10) in differing types of business. How would you establish a master budget? How would subordinate budgets be established? What factors would compose the differing budgets? How would those factors relate to each other, related budgets, and the master budget