Question: 21. The Part III - Open Answer (using the word bank provided, please provide the appropriate answer to complete the blank) (2 Points Each). budget

 21. The Part III - Open Answer (using the word bank

21. The Part III - Open Answer (using the word bank provided, please provide the appropriate answer to complete the blank) (2 Points Each). budget comes from a careful analysis of forecasted economic and market conditions, business capacity and advertising plans. 22. A balance sheets consist of amounts from two or more balance sheet dates arranged side by side. This method of analysis is improved by showing each item's dollar change and percent change to highlight large changes, 23. The budget summarizes the effects of investing activities on cash and helps determine the company's need for financing 24. In practice, all transactions eventually affect non-cash balance sheet accounts. Thus, we can determine cash inflows and outflows by analyzing changes in non-cash balance sheet accounts. 25. A product. budget does not show costs; it is always expressed in units of Terms Bank: Cash Production Variable Sales Activity Based Administrative Purchases Capital Expenditures Ratio Analysis Comparative

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