first to last in preparation *,”A) budgeted balance sheet: #7, financial budgetB) cash payments to budget: #5, financial budgetC) direct materials budget: #3, operating budgetD) production budget: #2, operating budgetE) budgeted income statement: #4 , operating budgetF) combined cash budget: #6, financial budgetE) sales budget: #1

first to last in preparation *,”A) budgeted balance sheet: #7, financial budgetB) cash payments to budget: #5, financial budgetC) direct materials budget: #3, operating budgetD) production budget: #2, operating budgetE) budgeted income statement: #4 , operating budgetF) combined cash budget: #6, financial budgetE) sales budget: #1

operating budget”