ocr: Introduction The process of preparing an integrated master budget can be broken down into the preparation of the following categories ofs subsidiary budgets: The preparation of the sales budget àndits associated budgets The preparation of the production budget and its associatèd budgets The preparation ofservice budgets The preparation of policy budgets The order of subsidiary budget preparation as laid out above is not accidental. It represents the logical sequence which should be tollowed in order to gather all the information required before the final all embracive summary or master budget ...
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