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The selling and administrative budget is typically prepared before the cash budget. True or False

The selling and administrative budget is typically prepared before the cash budget. True or False

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Answer: True

The firm is prepared for the cash budget after preparing all the operating budgets. operating Budgets typically include.

  • Sales Budget
  • Production Budget
  • Direct Material Budget
  • Direct Labor budget
  • Overhead Budget
  • Selling and Administrative Budget

After Preparing the operating budgets Cash budget is prepared

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