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    Principles of Accounting Study Set 1
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    Exam 22: The Budgeting Process
  5. Question
    A Master Budget Consists of a Set of Operating Budgets
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A Master Budget Consists of a Set of Operating Budgets

Question 52

Question 52

True/False

A master budget consists of a set of operating budgets and a set of financial budgets for a specific accounting period.

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