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1 Select each of the terms with the best description of its purpose. 3 . 3 3 points eBook Print References table [ [

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Select each of the terms with the best description of its purpose.
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\table[[Definitions,Terms,],[1.,Shows expected cash inflows and outflows and helps determine financing needs.,],[2.,A plan showing units to be sold; the usual starting point in the master budget process.,],[3.,A report that shows predicted revenues and expenses for a budgeting period.,],[4.,A formal statement of future plans, usually expressed in monetary terms.,],[5.,Approach in which top management passes down a budget without employee input.,],[6.,A budgetary cushion used to meet performance targets.,],[7.,A comprehensive business plan that includes operating, investing, and financing budgets.,],[8.,Employees affected by a budget help in preparing it.,]]
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