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Master Budget Test Bank PDF Form

Master Budget Test Bank PDF Form

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okay let's take a look at the detail components of a budget we usually break down the master budget into three main categories we have operating budget as a first bullet point second we have capital expenditures budget which we actually covered in the entire chapter in their previous chapter twenty twenty first chapter is all about the second bullet point capital expenditure budget third we have financial budget which plans to raise cash paying debts just by looking at the name of these different components of budget does it remind you of any statements income statement links to first one right what else balance chain links to the third one but then if you look at the breakdown of these three bullet points it's actually exactly the same components in statement of cash flows remember statement cash so the first bullet point first section is about operating expenses operating expenses cash receipt cash payment on expenses and revenues no part is on the investment of the a

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