Management accounting 2022: What 3 budgets does the master budget consist of?

Question

What 3 budgets does the master budget consist of?

Hjalmer Pedersen · Accepted Answer

The master budget consists of 3 parts:
1.	The operating budget. (Detailed projection of expected revenue and costs)
2.	The capital expenditure budget (Details planned purchases of fixed assets)
3.	The cash or financial budget. (Estimation of cash flow)

Management accounting 2022

What 3 budgets does the master budget consist of?

The master budget consists of 3 parts: 1. The operating budget. (Detailed projection of expected revenue and costs) 2. The capital expenditure budget (Details planned purchases of fixed assets) 3. The cash or financial budget. (Estimation of cash flow)

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