What is master budget from what information is it drawn and what is purpose?

A master budget is a comprehensive financial plan that consolidates all the individual budgets within an organization, including operating, capital, and cash budgets. It is drawn from detailed estimates of revenues and expenses, production schedules, and other operational plans across various departments. The primary purpose of a master budget is to provide a roadmap for the organization's financial performance, facilitate coordination among departments, and serve as a benchmark for evaluating actual performance against planned objectives.