Question: Identify the order in which you would prepare the following components of the operating budget. Number from 1 to 4 to indicate first to last

Identify the order in which you would prepare the following components of the operating budget. Number from 1 to 4 to indicate first to last in preparation. (p. 1105)

a. Budgeted income statement

b. Operating expenses budget

c. Sales budget

d. Inventory, purchases, and cost of goods sold budget

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