Use this list of terms to complete the sentences that follow. 1. __________________ establish goals for the
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Use this list of terms to complete the sentences that follow.
1. __________________ establish goals for the company's sales and production personnel.2. The _______________ is a set of interrelated budgets that constitutes a plan of action for a specified time period.3. ___________________ reduces the risk of having unrealistic budgets.4. ___________________ include the cash budget and the budgeted balance sheet.5. The budget is formed within the framework of a _____________________.6. ___________________ contain considerably less detail than budgets.
Cash BudgetA cash budget is an estimation of the cash flows for a business over a specific period of time. These cash inflows and outflows include revenues collected, expenses paid, and loans receipts and payment. Its primary purpose is to provide the...
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Related Book For 
Accounting Principles
ISBN: 978-0470533475
9th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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