What is sequence of steps in preparing the master? budget

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Question 1: What is the sequence of steps in preparing the master? budget?

Option A. Output from the financial budget is used to prepare the operating budget.

Option B. Output from the operating budget is used to prepare the financial budget.

Option C. Output from the financial budget is used to prepare the operating expense budget.

Option D. Output from the financial budget is used to prepare the budgeted income statement

Reference no: EM132529828

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