$1$

Exercise $20-1($Static$)$ Budget language LO C$1$

Select each of the terms with the best description of its purpose.

$\backslash$table$[[$Definitions$,$Terms$],[1.$ Helps determine financing needs.,$],[2.$ The usual starting point in the master budget process.,$],[3.$ A report that shows predicted revenues and expenses for a budgeting period.,$],[4.$ A budgetary cushion used to meet performance targets.,$],[5.$ A comprehensive plan that consists of several budgets that are linked.,$],[6.$ Employees affected by a budget help in preparing it$.,]]$