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Exit VCEDump CIMA-P1 P1 - Management Accounting

Q24 Single choice

A master budget comprises which of the following?

A
The budgeted income statement and the budgeted cash flow statement only.
B
The budgeted income statement and the budgeted statement of financial position only.
C
The budgeted income statement and budgeted capital expenditure only.
D
The budgeted income statement, the budgeted statement of financial position and the budgeted cash flow statement only.

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