151.Match the following terms with the appropriate definitions. 1. A formal statement of a company's future plans, usually expressed in monetary terms. 2. A plan that shows the expected cash...





151.Match the following terms with the appropriate definitions.






1. A formal statement of a company's future plans, usually expressed in monetary terms. 2. A plan that shows the expected cash inflows and cash outflows during the budget period. 3. A quantity of inventory that provides protection against lost sales caused by unfulfilled demand from customers or delays in shipments from suppliers. 4. A plan that shows the expected sales units and the dollars from these sales. 5. A managerial accounting report that shows predicted amounts of the company's assets, liabilities, and balances as of the end of the budget period. 6. A plan that shows the units and dollars of merchandise to be purchased during the budget period. 7. A managerial accounting report that shows predicted amounts of sales and expenses for the budget period. 8. A formal, comprehensive plan for a company's future that includes several individual budgets that are linked with each other to form a coordinated plan. 9. A plan that plans the predicted operating expenses not included in the selling expenses or manufacturing budgets.





May 15, 2022
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