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

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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