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The master budget requires the preparation of many detailed budgets - in what order should these 15 budgets be prepared? a) Purchase, Sales, Cash, Balance

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The master budget requires the preparation of many detailed budgets - in what order should these 15 budgets be prepared? a) Purchase, Sales, Cash, Balance Sheet, Income Statement b) Sales, Purchase, Income Statement, Cash, Balance Sheet c) Balance Sheet, Income Statement, Sales, Purchase, Cash d) Cash, Income Statement, Purchase, Sales, Balance Sheet e) Cash, Purchase, Income Statement, Sales, Balance Sheet

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