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    Business
  3. Study Set
    Introduction to Management Accounting
  4. Exam
    Exam 7: Introduction to Budgets and Preparing the Master Budget
  5. Question
    The First Step in Preparing the Operating Budget Is the ________
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The First Step in Preparing the Operating Budget Is the ________

Question 118

Question 118

Multiple Choice

The first step in preparing the operating budget is the ________.


A) cash budget
B) capital budget
C) operating expense budget
D) sales budget

Correct Answer:

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