Accounting Multiple Choice Question – 16 April 2021

What is a master budget?

Select ONE answer:

1. a budget based on a limited factor
2. a cash budget
3. a flexible budget
4. a set of budgeted final accounts

Show your workings to arrive at your answer, and explain and justify your reasons:

……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This multiple-choice question is suitable for Accounting KS5 classes.

The answer is 4

1. Not correct
2. Not correct
3. Not correct
4. Correct

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