Question: 10. The difference between a Master Budget and a Flexible Budget is a. Master Budgets are always more important. b. Flexible Budgets are restated to

10. The difference between a Master Budget and a Flexible Budget is

a. Master Budgets are always more important.

b. Flexible Budgets are restated to actual results.

c. Master Budgets are created on actual results.

d. Flexible Budgets are adapted to marketing changes.

e. there is no difference if they are for the same period.

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