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Uncle's Caps, a Merchandiser, Wants to Prepare the Budgeted Balance

Question 61

Multiple Choice

Uncle's Caps, a merchandiser, wants to prepare the budgeted balance sheet for the next budget period. For this purpose the amount of ending cash balance can be retrieved from:


A) the sales budget.
B) the budgeted funds flow statement.
C) the cash budget.
D) the Cost of Goods Sold budget.

Correct Answer:

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