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    Management Accounting Study Set 1
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    Exam 11: The Master Budget
  5. Question
    The First Step in Preparing the Operating Budget Is Preparing
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The First Step in Preparing the Operating Budget Is Preparing

Question 60

Question 60

Multiple Choice

The first step in preparing the operating budget is preparing the


A) sales budget.
B) operating expense budget.
C) purchases budget.
D) budgeted income statement.

Correct Answer:

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