Identify which of the following sets of items are necessary components of the master budget. 1. Operating
Question:
1. Operating budgets, historical income statement, and budgeted balance sheet.
2. Prior sales reports, capital expenditures budget, and financial budgets.
3. Sales budget, operating budgets, and historical financial budgets.
4. Operating budgets, financial budgets, and capital expenditures budget.
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Related Book For
Fundamental Accounting Principles
ISBN: 978-0077862275
22nd edition
Authors: John Wild, Ken Shaw, Barbara Chiappetta
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