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  3. Study Set
    Entrepreneurial Small Business
  4. Exam
    Exam 12: Small Business Accounting: Projecting and Evaluating Performance
  5. Question
    The First Step in Preparing a Master Budget Is to Prepare
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The First Step in Preparing a Master Budget Is to Prepare

Question 70

Question 70

Multiple Choice

The first step in preparing a master budget is to prepare a _____ budget.


A) production
B) direct materials
C) sales
D) direct labor

Correct Answer:

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