Matching - Budgets Match the following terms and definitions. Each correct answer is worth_1 point(s). A. Production budget B. Cash budget C. Master budget D. Direct materials budget E. Sales budget Term Definition 1. A projection of production requirements to meet expected sales. 2. A projection of anticipated cash flows. 3. Includes both the operating and financial budgets. 1- An estimate of the quantity and cost of direct materials to be purchased. 5. An estimate of expected sales for the budget period. udgets Order (1 to 5) the following budgets. Each correct answer is worth_1 points. Order Budget A. Sales B. Production c. Selling and administrative expense D. Capital expenditure budget E. Budgeted Balance Sheet