Master Budget Definition

Master Budget Definition:

Master Budget is a summary of a company’s plans in which specific targets are set for sales, production, distribution, and financing activities and that generally culminates in a cash budget, budgeted income statement, and budgeted balance sheet.

Learn More About Master Budget:

  • Define and explain the term “master budget”.
  • What are the parts / components of master budget?
  • How a master budget is prepared.
  • What are its advantages and disadvantages? Give example of master budget.

Other Related Accounting Articles:

Recommended Books !


Download E accounting book in MS-word format for just 20 $ - Click here to Download
This entry was posted in Accounting Definitions and tagged , . Bookmark the permalink.

Comments / Questions

No Comments or Questions yet be the first to comment.

Leave a comment or question