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QUESTION 9 The master budget is O the selective financial plan for the organization as a whole. typically for a 1-year period corresponding to

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QUESTION 9 The master budget is O the selective financial plan for the organization as a whole. typically for a 1-year period corresponding to the fiscal year of the company. O broken down into daily and weekly budgets. used for misinformation and coordination. all of these. QUESTION 10 The planned ending cash balance for the year appears on which of the following statements? Budgeted income statement Budgeted balance sheet Production budget Budgeted cash receipts Budgeted cash disbursements QUESTION 11 The selling and administrative expenses budget includes cost of goods sold. overhead. fixed production expense. variable cost of selling. O all of these.

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