Cirele correct answer. The master budget for a given accounting period has all the flowing acept A. It consists of a series of operating and financial badgsts. B, It is considered the srand plan of ection" for the upcoming period. It culminates in a set of pro forma financial stabements. D. It is considered an important planning doeument for many organisations E. It is based on the actual evel of sales activity for the period "Bulgetary slack-oecirs when: A. Employees refuse to adhere to bodgeted plans and operations B. The budget is so difficult to meet that employees slack-off from work CAe D. In order to "meet" budget objectives, employees ask for resources in escess of what they loyees ask for ferwer resources than they need, in order to coetinsously improve A master budget is typically prepared for A A period of one year. planning purposes only D. Strategic business units only. E. Operating activities only Cirele correct answer. The master budget for a given accounting period has all the flowing acept A. It consists of a series of operating and financial badgsts. B, It is considered the srand plan of ection" for the upcoming period. It culminates in a set of pro forma financial stabements. D. It is considered an important planning doeument for many organisations E. It is based on the actual evel of sales activity for the period "Bulgetary slack-oecirs when: A. Employees refuse to adhere to bodgeted plans and operations B. The budget is so difficult to meet that employees slack-off from work CAe D. In order to "meet" budget objectives, employees ask for resources in escess of what they loyees ask for ferwer resources than they need, in order to coetinsously improve A master budget is typically prepared for A A period of one year. planning purposes only D. Strategic business units only. E. Operating activities only