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a) Identify four assumptions you made while preparing the master budget that may not represent what actually happens in the first three months of 2022.
a) Identify four assumptions you made while preparing the master budget that may not represent what actually happens in the first three months of 2022. Change these assumptions. Every student should have a different answer!!! Explain your new assumptions and adjust the budget to reflect these changes. Make sure you go back and adjust the Cash Budget, specifically the borrowings and repayments, as these must be done manually.
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