Question: The master budget includes: A)Only operating budgets and financial budgets. B)Only a capital expenditures budget and a cash budget. C)Only a budgeted income statement and

The master budget includes:

A)Only operating budgets and financial budgets.

B)Only a capital expenditures budget and a cash budget.

C)Only a budgeted income statement and a budgeted balance sheet.

D)Only a cash budget and operating budgets.

E)Operating budgets, a capital expenditure budget, and financial budgets.

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