A. Budget B. Budget committee C. Cash budget

D. Direct labour budget E. Direct materials budget F. Manufacturing overhead budget

G. Master budget H. Planning I. Merchandise purchases budget

J. Production budget K. Sales budget L. Selling and administrative expense budget

1. A detailed plan showing the number of units that must be produced during a period in order to meet both sales and inventory needs.

2. A detailed plan for acquiring and using financial and other resources over a specified period.

3. A summary of a company's plans in which specific targets are set for sales, production, distribution, and financing activities and that generally culminates in a cash budget, budgeted income statement, and budgeted balance sheet.

4. A detailed plan showing labour requirements over a specific period.

5. A budget used by a merchandising company that shows the amount of goods that must be purchased from suppliers during the period.

6. A detailed schedule of planned expenses that will be incurred in areas other than manufacturing during a budget period.

7. A detailed plan showing the amount of raw materials that must be purchased during a period to meet both production and inventory needs.