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Business, 06.05.2020 08:25 liyaoron

1. A master budget. a) is the initial plan of what the company intends to accomplish in the period and evolves from both the operating and financing decisions. b) is only prepared for manufacturers as they are the only type of company with material purchases and work-in-process accounts. c) improves companies' market capitalization and evolves from both the investing and financing decisions d) is another name given to the financial budget 5 points.2. The operating budget process generally concludes with the preparation of the. a. production budget. b. cash flow statement. c. balance sheet. d. budgeted income statement.

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