1. In practice, when developing a budget, two extremes used for guidance are ________ and ________.

participative budget; zero-base budget

strategic budget; long-range budget

financial planning budget; strategic budget

zero-base budget; activities of current or prior period

2. On the cash budget, how do we obtain the available cash balance?

		beginning cash balance
		minimum cash balance desired
		total cash increase from financing plus net cash receipts and disbursements
		beginning cash balance minus minimum cash balance desired