Describe a master budget and the sequence in which the individual budgets within the master budget are prepared.

Master Budget: A Collection of individual budgets

A) Budgeted Income Statement

I. Sales Budget

II. Costs of Goods Sold

1. Production Budget (Required Desired Ending- Expected beginning)

2. Direct Materials Purchases Budget (Required Desired Ending- Expected beginning)

3. Direct Labor Cost Budget

4. Factory Overhead Cost Budget

III. Operating Expense Budget

B) Budgeted Balance Sheet

I. Cash Budget

1. Schedule of Collections of Accts Receivables

2. Schedule of Payments of Accts Payable

II. Capital Expenditures Budget

the first one $24,630

someone i feel is a leader in my life id have to say would be my mother because she has give me great advice in life and got me out of tough situations. some characteristics she has are creativity, honesty, commitment, respect for others, and communication. one example of a situation when she demonstrated leadership was when i was working late on homework and i started to get stressed and got upset, she asked me if i needed some , and she me with my work. she demonstrated communication and commitment.

i don't know if this is exactly what your looking for but i hope this !