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in this presentation we will discuss budget options first were gonna 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 were gonna be focusing here on other options including a flexible budget so we have the sales budget thats the first component that will start out when were creating basically the master budget type process and remember the end line the in level the bottom line that were going to be getting to will be the buzz budgeted financial statements the balance sheet the income statement also important to have the budgeted cash statement so while the cash flow budget the budgeted income statement the budgeted balance sheet the income statement and the cash flow are kind of the activity the performance type things were