What is the difference between a master budget, pro-forma budgets, and a flexible budget?

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Cost management a strategic approach

ISBN: 978-0073526942

5th edition

Authors: Edward J. Blocher, David E. Stout, Gary Cokins

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Question Posted: Apr 18, 2013 05:39 AM

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What is the difference between a master budget, pro-forma budgets, and a flexible budget?

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A master budget represents forecasted operating profit based on a single output level planne...View the full answer

Cost management a strategic approach

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