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Difference between a master budget and an operating budget

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Reference no: EM133178987

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What is the major difference between a master budget and an operating budget? Compare the benefits and risks of creating and using these two budgets.

Be sure to respond to at least one of your classmates' posts. Isolate the benefit or risk they provided and offer constructive feedback on how their response affected your thinking on this subject.

Reference no: EM133178987

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