Describing a Master Budget can include all the following terms except: 1. A business plan for the
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Question:
Describing a Master Budget can include all the following terms except:
1. A business plan for the forthcoming year (or less).
2. A business model that allows for revisions once it’s been approved.
3. A quantitative expression of management's plans.
4. A summary of the planned activities of all subunits of an organization.
5. None of the above.
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