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6. When production are not more than sales for a period, absorption costing net operating income will generally be than varia

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6. A) greater

When production are not more than sales for a period, absorption costing net operating income will generally be greater than variable costing net operating income.

7. D) balance sheet

The master budget process usually ends with the budgeted balance sheet.

The master budgeting process typically begins with the sales budget and ends with a cash budget and budgeted financial statements.

The usual budgeted period for most companies is an annual period seperated into quarterly and monthly budgets

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