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Commerce · Q583

Costing

Graduate and Post Graduate · Commerce · question 583

Q583

Mathematical relationships exist between operating and financing activities that affect master budget are called

A.
math plan model
B.
financial planning models
Answer
C.
operating plan models
D.
master plan models

Answer: Option B

Solution

Answer: Option B
Solution:
Mathematical relationships exist between operating and financing activities that affect master budget are called financial planning models. A financial planning model uses certain elements to create a future financial plan for a company.