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Which of the following is likely true of a service business as compared to a manufacturing business? Its budgeted income statement is simplified. b.Its primary

Which of the following is likely true of a service business as compared to a manufacturing business?

Its budgeted income statement is simplified.

b.Its primary budget would be the direct materials purchases budget.

c.Its budgeted balance sheet is more complex.

d.It would not complete a sales budget.

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