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Textbook: Accounting: What the numbers mean (11th edition) Which of the following lists the components of the master budget in correct chronological order? A. Cash

Textbook: Accounting: What the numbers mean (11th edition)

Which of the following lists the components of the master budget in correct chronological order?

A. Cash budget, budgeted income statement, budgeted balance sheet.

B. Budgeted balance sheet, cash budget, budgeted income statement.

C. Budgeted income statement, cash budget, budgeted balance sheet.

D. It doesn't matter in which order they are prepared.

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