The master budget process usually ends with:

Name: The master budget process usually ends with:
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Question

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The master budget process includes multiple budgets, such as the sales, production, selling expense, overhead, and others. However, the end goal of the master budget process is to prepare the comprehensive budgeted financial statements, including the budgeted income statement, cash flow statement, and balance sheet. Therefore, the master budget process usually ends with the budgeted balance sheet.

The Master Budget Process Usually Ends With