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    Accounting The Managerial Study Set 1
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    Exam 22: Master Budgets
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    Which of the Following Statements Is True of the Operating
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Which of the Following Statements Is True of the Operating

Question 166

Question 166

Multiple Choice

Which of the following statements is true of the operating budget?


A) It is a part of the financial budget.
B) It includes the capital expenditures budget.
C) It includes the sales budget.
D) Its final component is the cash budget.

Correct Answer:

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