Remaining Time: 1 hour, 48 minutes, 42 seconds. Question Completion Status: O $120 Favorable $204 Unfavorable QUESTION 37 Which of the following choices correctly describes the order in which the Master Budget is conducted? The Budgeted Financial Statements, the Operating Budget and then the Sales Budget The Sales Budget, The Cash Receipts Budget, The Budgeted Financial Statements The Cash Receipts Budget, the Financial Budget, The Sales Budget The Sales Budget, The remainder of the Operating Budget, The Financial Budget QUESTION 38 Calip Corporation, a merchandising company, reported the following results for October