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Which of the following budgets is completed last? cash payments production sales raw materials purchases 2Life-cycle pricing: sets the price high to begin with and

Which of the following budgets is completed last?

cash payments
production
sales
raw materials purchases

2Life-cycle pricing:

sets the price high to begin with and then lowers it later on in the life of the product
attempts to establish a price that can be maintained throughout the life of the product
sets the price low to begin with and then raises it later on in the life of the product
is the same as target pricing

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