1. If your boss told you to test this year’s budget for the impact of changes in expected client volume on your budgeted revenue and expenses, you would use a(n) ____________ budget.
2. ____________ budgets focus on proposed investments in valuable, long-lived resources.
3. Decision packages are normally associated with a(n) ____________ budget.
4. Operating budgets are normally done on a(n) ____________ basis. Performance budgets focus on ____________ rather than solely on outputs.