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The following figure shows a(an) :
Raw Materials
The basic materials and components used in the production processes of manufacturing goods.
Finished Goods Inventory
The completed products that are ready for sale but have not yet been sold.
Cash Collections
The process of gathering all monies owed to a company by its customers, reflecting inflow of cash.
Master Budget
An integrated set of financial plans that outlines a company’s financial and operational goals for a specific period, including various component budgets like sales, production, and cash budgets.
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