45. Using the flexible (as opposed to a static) budget is unlikely for which of the following? Group of answer choices a. Costs of the product distribution department. b. Costs of the manufacturing department. c. Costs of the general finance department. d. Costs of the material receiving department.
Master Budget
A master budget can be defined as an estimation of the revenue earned or expenses incurred over a specified period of time in the future and it is generally prepared on a periodic basis which can be either monthly, quarterly, half-yearly, or annually. It helps a business, an organization, or even an individual to manage the money effectively. A budget also helps in monitoring the performance of the people in the organization and helps in better decision-making.
Sales Budget and Selling
A budget is a financial plan designed by an undertaking for a definite period in future which acts as a major contributor towards enhancing the financial success of the business undertaking. The budget generally takes into account both current and future income and expenses.
45. Using the flexible (as opposed to a static) budget is unlikely for which of the following?
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