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The statement relating to a master budget that is not true is:
Utility Bill
An invoice for services provided by utility companies, such as electricity, water, and gas.
Amortization
The process of spreading the cost of an intangible asset over its useful life.
Investing Activities
Financial actions related to acquiring or disposing of long-term assets and investments, a component of a company's cash flow statement.
Indirect Method
A technique used in cash flow statements to convert net income into net cash flow from operating activities, by adjusting for non-cash transactions.
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