The master budget includes individual budgets for sales, production or merchandise purchases, various expenses, capital expenditures, and cash. A. True
B. False

True

Explanation:

The statement that the master budget includes the individual budgets for the sales, production or merchandise purchases, various expenses, capital expenditures, and cash is true.

It should be noted that the master budget consists of the budgets of the lower-level that can be found in an organization, the cash flow forecasts, and a financial plan.

The master budget gives firm a wider view of its finances and is used in making organizational decisions.

explanation:

jejdndnsbd

answer; bootstrapping is your answer;