The major objectives of a master budget is to:

A$.$ encourage managers to devise operating plans, place of blame for missed budget targets, and increase the odds of goal congruence between superiors and subordinates.

B$.$ define responsibility centers, provide a basis for performance evaluation, and promote communication and coordination among organization units.

C$.$ define responsibility centers and place blame for budget variances.

D$.$ encourage managers to devise operating plans, provide a basis for performance evaluation, and promote communication and coordination among organization units.