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Find a firm operating budgets usually begin with the

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Reference no: EM132515454

Question 1: A firm's operating budgets usually begin with the

a.sales budget.

b.production budget.

c.direct materials purchases budget.

d.cash budget.

Question 2: A nonmanufacturing business would likely not have a

a.cash budget.

b.sales budget.

c.budgeted income statement.

d.factory overhead budget.

Question 3: Which of the following is considered a financial budget as opposed to an operating budget?

a.Selling and administrative expenses budget

b.Sales budget

c.Cost of goods sold budget

d.Cash budget

Reference no: EM132515454

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