Which of the following items would be included in the operating expense budget? Multiple Choice Sales commissions Raw material purchases. 0 Cash receipts. O Cost of goods sold Which of the following is the last budgeted financial statement to be prepared? Multiple Choice 0 Budgeted Income statement 0 Budgeted balance sheet. 0 O Cash budget 0 ) It doesn't matter which one is prepared last. of a mont's sales we Canine Supply Company's budgeted sales for January February, and March are $120,000 $160,000, and $10,000, respectively. Based on past experience, ABC expects that be collected in the month of sale, 65% in the following month and in the second month following the sale budgeted cash receipts for the month of March would be Multiple Choice o o o o