Question 33 (1 point) The master budget is the comprehensive planning document for each department of an organization. True False Question 34 (1 point) Variance is the difference between actual and budgeted revenues and expenses. True O False Question 35 (1 point) Zero-based budgeting is a budgeting approach in which managers begin with a budget of zero and must justify every dollar put into the budget. True False Question 36 (1 point) Assume Tucson Tortilla's sales budget shows projected sales of 30,000 cases in April and 42,000 cases in May. The company's manager would like to maintain ending safety stock equal to 10% of the next month's projected sales. 31,200 30,000