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Part I- 2 Marks Each; Total Marks 10 Marks - 1. You're starting to put together a master budget for a new pizzeria restaurant for the very first time. What should you do to ensure your numbers/forecasts/projections are accurate as possible given your limited experience? You've successfully completed your task in question 1) above. Why should you now complete a "cash"budget? True or false One of the problems with a Balanced Scorecard" approach for evaluating a business/organization is that it focuses solely on evaluating past performance and completely ignores the potential for future success I T / F 4. True or false: You are currently analyzing financial data for various production optie (i.e. you're trying to decide which option is most financially attractive You've dug up some old similar studies done 2 years ago. It is safe ta assume that the "fixed costs outlined in those old studies will also be "fixed now, as "fixed costs are always "fixed T / F