When preparing a master budget for a company, we create one budget at a time Which of the following orders represents the normal order in which budgets would be prepared Selected Answer Sales, Cash, Purchases, Income Statement Answers Sales, Income Statement, Cash, Purchases Purchases, Sales, Cash, Income Statement Sales, Cash, Purchases, Income Statement Purchases, Cash, Sales, Income Statement Sales, Purchases, Cash, Income Statement Purchases, Income Statement, Sales, Cash Cash, Sales, Purchases, Income Statemen I choose the wrong one Which one is correct

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Question: When preparing a master budget for a company, we create one budget at a time. Which of the following orders represents the normal order in

When preparing a master budget for a company, we create one budget at a time. Which of the following orders represents the normal order in which budgets would be prepared?

Selected Answer:	Sales, Cash, Purchases, Income Statement
Answers:	Sales, Income Statement, Cash, Purchases
	Purchases, Sales, Cash, Income Statement
	Sales, Cash, Purchases, Income Statement
	Purchases, Cash, Sales, Income Statement
	Sales, Purchases, Cash, Income Statement
	Purchases, Income Statement, Sales, Cash
	Cash, Sales, Purchases, Income Statemen

I choose the wrong one. Which one is correct?

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