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    Business
  3. Study Set
    Managerial Accounting
  4. Exam
    Exam 9: The Master Budget
  5. Question
    The Three Components of the Operating Budget Are the Sales
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The Three Components of the Operating Budget Are the Sales

Question 9

Question 9

True/False

The three components of the operating budget are the sales budget; inventory, purchases and cost of goods sold budget; and the cash budget.

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