The budgeted income statement, budgeted balance sheet, and budgeted statement of cash ﬂows comprise:

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The budgeted income statement, budgeted balance sheet, and budgeted statement of cash flows are the final portion of the master budget, which is a comprehensive financial plan that outlines an organization's goals and objectives for a specific period, typically a year. The budgeted financial statements are based on the sales forecast and the various operating and financial assumptions made in the budgeting process. As such, they provide a roadmap for the organization's financial performance over the budget period and are critical for monitoring and controlling expenses, managing cash flow and resources, and achieving the organization's financial objectives.

The Budgeted Income Statement, Budgeted Balance Sheet, and Budgeted Statement