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Once individual annual budgets have been prepared, they are combined into a large budget called the master budget

Finance

Once individual annual budgets have been prepared, they are combined into a large budget called the master budget.

Some of the budgets included in the master budget are the sales, purchases, operating expenses, capital, and cash budgets.

Ben and Jerry's Homemade, Inc., makes ice cream and frozen yogurt products. Describe some items that you would expect to find on each of the above-listed individual budgets.

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