You have been asked to prepare a procedure for the development of the 12 month operating budget for a small pet supplies business. Document what information you would need, and how you would collect that information. List the steps you would follow, to develop all the parts of the master budget. Once you have developed that list, you are to add a section on how you would investigate significant variances to budget for monthly reporting to the business owner.eg what documents would you look form, who would you consult