Do It! Review 10.11 Use this list of terms to complete the sentences that follow. Long-range plans Sales forecast Master budget Operating budgets Participative budgeting Financial budgets (a) establish goals for the company's sales and production personnel. (b) The is a set of interrelated budgets that constitutes a plan of action for a specified time period. (c) reduces the risk of having unrealistic budgets. (d) include the cash budget and the budgeted balance sheet. (e) The budget is formed within the framework of a (f) contain considerably less detail than budgets