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hello tutor good day, am currently preparing for the June exam, and I am at Master budget(bpp), the topic is a bit tricky and annoying. making it worse it’s not on open tuition lectures. would you advise I just move on since I understand the concept already.
You cannot be asked to prepare a master budget in the exam. The master budget is simply the name given to the collection of the final budgets – budgeted profit statement, budgeted Statement of financial Position, budgeted cash flow statement, and capital expenditure budget.
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