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BM II - Obj 5.02 (FI 106) Flashcards | StudBud
BM II - Obj 5.02 (FI 106)
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A master budget is made up of information from
A
the previous year’s budget, with a 10% increase
B
specialized budgets that are handed down from top management.
C
specialized budgets that are generated by individual departments
D
internal sales forecasts and the probable level of competition.
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