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12 August, 04:52

The process of developing the operating budget begins with the Answer

a. sales budget.

b. income statement.

c. production schedule.

d. capital expenditure budget.

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  1. 12 August, 08:15
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    The process of developing the operating budget begins with the sales budget. Sales budget is the first and basic component of master budget and shows the expected number of sales units of a period and the expected price per unit.
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