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The Financial Budget Is That Part of the Master Budget

Question 23

Multiple Choice

The financial budget is that part of the master budget that comprises


A) the capital budget and the cash budget.
B) the capital budget and the budgeted balance sheet.
C) the cash budget, operating budget and budgeted balance sheet.
D) the cash budget, the budgeted statement of cash flows, and the retained earnings budget.
E) the capital budget, the cash budget, budgeted balance sheet, and the budgeted statement of cash flows.

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