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Which of the following sequences is correct? Select one a. Cash receipts budget-sales budget-production budget-budgeted income statement b. Sales budget-production budget-direct materials budget-budgeted income statement

Which of the following sequences is correct? Select one a. Cash receipts budget-sales budget-production budget-budgeted income statement b. Sales budget-production budget-direct materials budget-budgeted income statement c Budgeted income statement-direct materials budget-production budget-sales budget O d Inventory budget-production budget-sales budget-selling and administrative budger

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