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In What Order Are the Following Budgets Prepared? IS

Question 14

Multiple Choice

In what order are the following budgets prepared? IS.budgeted income statement
P.production budget
SA.selling and administrative budget
MP.materials purchases budget


A) SA, P, MP, IS
B) P, MP, IS, SA
C) P, MP, SA, IS
D) MP, P, SA, IS

Correct Answer:

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