Best describes the comprehensive budget

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Operating activities resulting from the sale of goods and services relate to:

1. retained earnings reported on the balance sheet

2. net income on the retained earnings sheet

3. the income statement

4. assets and liabilities reported on the balance sheet.

2. Which term below best describes the "comprehensive budget"?

1. responsibility center

2. sensitivity analysis

3. master budget

4. operating budget

Reference no: EM131286459

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