Considering the budgets of a manufacturing firm, which of the following statements is false? ...
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Accounting
Considering the budgets of a manufacturing firm, which of the following statements is false?
The budgeted income statement must be prepared before the budgeted balance sheet.
The budgeted balance sheet must be prepared before the cash budget.
The sales budget must be prepared before the cash budget.
The production budget must be prepared before direct materials purchase budget.
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