1A3C WHICH ONE OF THE FOLLOWING BEST DESCRIBES THE ORDER IN WHICH BUD...

42. CSO: 1A3a LOS: 1A3c

Which one of the following best describes the order in which budgets should be prepared

when developing the annual master operating budget?

a. Production budget, direct material budget, revenue budget.

b. Production budget, revenue budget, direct material budget.

c. Revenue budget, production budget, direct material budget.

d. Revenue budget, direct material budget, production budget.