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Which of the following is true of a direct materials purchases budget? a. It is prepared before preparing a production budget. Ob. It must be

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Which of the following is true of a direct materials purchases budget? a. It is prepared before preparing a production budget. Ob. It must be separately prepared for every type of raw material used. Oc. It does not depend on the raw materials inventory needs of a firm. Od. It is a financial budget prepared by an organization

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