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What is the sequence of steps(order of preparation) for the financial budget? A. sales budget, capital budget, cash budget, budgeted income statement B. sales budget,

What is the sequence of steps(order of preparation) for the financial budget?

A. sales budget, capital budget, cash budget, budgeted income statement

B. sales budget, operating expense budget, purchases and cost of goods sold budget

C. disbursements for purchases, disbursements for operating expenses, cash budget

D. capital budget, cash budget, budgeted balance sheet

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