 In this presentation we will discuss budget options first. We're going to go through the components of the master budget We took a look at this in a prior course in prior presentations in detail in terms of going through each component of the master budget want to take a look and review those Components of the master budget we did so last time in terms of a static type of budget We're going to be focusing here on other options including a flexible budget So we have the sales budget That's the first component that will start out when we're creating basically the master budget type process Remember the end line the end level the bottom line that we're going to be getting to Will be the buzzed budgeted financial statements the balance sheet the income statement also important to have the budgeted cash Statement so all the cash flow budget the budgeted income statement the budgeted balance sheet the income statement and the cash Flower kind of the activity the performance type things we're considering usually the things we