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  3. Study Set
    Managerial Accounting Study Set 21
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    Exam 7: Operating Budgets: Bridging Planning and Control
  5. Question
    The First Step in Preparing a Master Budget Is to Prepare
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The First Step in Preparing a Master Budget Is to Prepare

Question 38

Question 38

True/False

The first step in preparing a master budget is to prepare the revenue budget.

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