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The master budget is the set of budgeted financial statements and supporting schedules for the entire organization. The master budget includes three types of budgets:The
The master budget is the set of budgeted financial statements and supporting schedules for the entire organization. The master budget includes three types of budgets:The operating budget,The capital expenditures budget,The financial budgets. Provide specific examples of what types of decision can be made with each of these budgets.
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