1. ________________ an essential element of planning, is the basis for budgeting activities. 2. The most widely used method for forecasting future financing needs is _____________. 3. In a forecast of...

1. ________________ an essential element of planning, is the basis for budgeting activities.

2. The most widely used method for forecasting future financing needs is _____________.

3. In a forecast of additional funds, external funds needed equal required increase in assets minus the sum of ________________________plus _____________.

4. Budgeting is a tool for________________ and ____________.