The starting point in developing the master budget is the preparation of the ________.


The starting point in developing the master budget is the preparation of the □A. cash budget O B. production budget sales budget □D. budgeted income statement

Answer

To prepare master budget First we have to prepare sales budget then production budget after than direct material , direct labour , overhead and selling and administrative expenses budget.

After all that budget we have to prepare cash budget after cash budget have to prepare budgeted income statement.

so answer is c) Sales budget

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