After a budgeted income statement is prepared, a ________ budget is prepared prior to the preparation of the budgeted balance sheet.

Name: After a budgeted income statement is prepared, a ________ budget is prepared prior to the preparation of the budgeted balance sheet.
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Question

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The cash budget is prepared after the budgeted income statement to ensure that the company has sufficient cash flow to meet its obligations and to plan for any financing needs before finalizing the budgeted balance sheet.

After a Budgeted Income Statement Is Prepared, a ________ Budget