A master budget schedules answer several key questions for a company. Thus the correct option is last.
<h3 /><h3>What is Master Budget?</h3>
A master budget is created by combining all of the smaller business budgets into one budget in order to provide a comprehensive insight into the company's financial position.
All other departments' budgets are combined into the master budget to create a single budget. It may be said that the master budget schedules provide answers to a number of issues connected to the many departments within an organization.
Therefore, the last option is appropriate.
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Answer:
More; Less
Explanation:
If there is a good current economic condition, people tend to save more and consume less at the present moment, because they don't know what the future holds (whether good or ugly ). They would have to save for the rainy days.
On the flip side, if there is good outlook on future economic conditions, people tend to save less because there is a better expectation of the future and they would rather consume more at the present.
Answer:
right answer is option no b
Explanation:
₹32,500
Answer:
Explanation:
Formula to be used is Contribution margin = Sales * Contribution margin ratio
Contribution Margin = $82,000 * 67% = $82,000*0.67 = 54,940
Net operating income = Contribution margin - Fixed expenses
Net operating income = $54,940 - $25,000 = $29,940
So the answer is option C