Question: Question 2 ( 1 point ) Which statement best describes a characteristic of the master budget? It is divided into daily and weekly budgets. It
Question point
Which statement best describes a characteristic of the master budget?
It is divided into daily and weekly budgets.
It is created externally and imposed on management.
It provides a selective financial plan for the organization as a whole.
It is typically for a oneyear period corresponding to the fiscal year of the company.
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