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Which of the following statements is true of the capital expenditures budget? A. It is a part of the financial budget. B. It must be
Which of the following statements is true of the capital expenditures budget?
- A. It is a part of the financial budget.
- B. It must be completed after the budgeted income statement is prepared.
- C. It includes the sales budget.
- D. It must be completed after the cash budget is prepared.
- E. It deals with purchase of long-term assets.
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