A budgeted income statement, a budgeted balance sheet, and a budgeted statement of cash ﬂows are the end result of the master budgeting process.

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A budgeted income statement, balance sheet, and statement of cash flows are essential components of a master budget, as they provide a complete overview of an organization's planned financial activity for the budget period. These statements help to ensure that an organization can meet its financial obligations, while also providing insight into areas where costs or revenue streams may need to be adjusted to achieve desired outcomes.

A Budgeted Income Statement, a Budgeted Balance Sheet, and a Budgeted