Which THREE of the following are parts of the master budget? (Choose three.)

Which THREE of the following are parts of the master budget? (Choose three.)
A . Finished goods inventory budget.
B . Budgeted statement of profit or loss.
C . Cash flow budget.
D . Sales budget.
E . Administration overhead budget.
F . Budgeted statement of financial position.

View Answer

Answer: B,C,F

Explanation:

Reference: https://www.acowtancy.com/textbook/acca-ma/d2-budget-preparation/master-budgets/notes