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1 Select each of the terms with the best description of its purpose. Definitions Terms 2.5 points 1. Helps determine financing needs. 2. The usual

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1 Select each of the terms with the best description of its purpose. Definitions Terms 2.5 points 1. Helps determine financing needs. 2. The usual starting point in the master budget process. 3. A report that shows predicted revenues and expenses for a budgeting period. eBook 4. A budgetary cushion used to meet performance targets. Budgetary slack 5. A comprehensive plan that consists of several budgets that are linked. Budgeted income statement 6. Employees affected by a budget help in preparing it. Cash budget Print Master budget References

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