Question: 20. With regards to generating and presenting an operational budget and forecast, which of the following is the preferred order of development and presentation is

20. With regards to generating and presenting an operational budget and forecast, which of the following is the preferred order of development and presentation is most CORRECT?

Proforma Balance Sheet, Proforma Income Statement, Sales Forecast, Cash Budget.

Sales Forecast, Proforma Balance Sheet, Cash Budget, Proforma Income Statement.

Cash Budget, Sales Forecast, Proforma Income Statement, Proforma Balance Sheet.

Sales Forecast, Proforma Income Statement, Cash Budget, Proforma Balance Sheet.

Sales Forecast, Cash Budget, Proforma Income Statement, Proforma Balance Sheet.

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