1. The master budget consists of the operating budget, the capital expenditures budget, and the financial budget.

2. Practising master budget management should be established as a whole and connected with the profit of enterprise manager and staff.

3. Master budget management is an advanced management method and control mode. It's widely adopted in modern enterprises.

4. Financial master budget accountant , undertaking agency accounting , administrative year-end clearance of agency accounting close with to read and edit accounting statement.

5. Sales volume variances are differences between amounts in the flexible budget and amounts in the master budget.

6. Hunan Province Tobacco Company has established and implemented the master budget management system in the early of 2004 and has required the underling municipal enterprises to put into practice.

7. At the beginning of 2007, the Yong Zhou Tobacco Company began to set up the master budget management system based on the cost expense control and taking the cash-flow management as the core.

8. On this basis, the dissertation gives a brief induction of the master budget management analysis system, and carries out an objective outlook of its operating results.

9. This article discusses the building and carrying out the master budget management on the basis of understanding; the basic concepts.