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8 years ago
While preparing the budgeted income statement of a merchandising company, the amount of cost of goods sold can be taken from the ________.
A) budgeted cash flow statement
B) capital expenditures budget
C) inventory, purchases, and cost of goods sold budget
D) budgeted balance sheet
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
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