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Prepare a comprehensive master budget for a service-based company, encompassing sales forecasts, operating budgets, capital budgets, and financial budgets. Discuss the importance of master budgeting

Prepare a comprehensive master budget for a service-based company, encompassing sales forecasts, operating budgets, capital budgets, and financial budgets. Discuss the importance of master budgeting in planning and controlling business operations, coordinating activities across departments, and aligning financial goals with strategic objectives.

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