Question: Match the definitions with the correct terms in the table below. State your answer as follows: 1=C, 2-D etc. Term 1. Budget 2. Cash budget

Match the definitions with the correct terms in
Match the definitions with the correct terms in the table below. State your answer as follows: 1=C, 2-D etc. Term 1. Budget 2. Cash budget 3. Zero-base budgeting 4. Traditional approach Definition A. a financial statement that estimates a firm's expenditures for major assets and its long-term financing needs B. a financial statement that estimates cash receipts and cash expenditures c. a budgeting approach in which every expense in every budget must be justified D. a budgeting approach in which each new budget is based on the dollar amounts contained in the budget for the preceding year, the amounts are modified to reflect any revised goals, and managers are required to justify only new expenditures E. A financial statement that projects income, expenditures, or both over a specified future period over a specified period 5. Capital budget

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