Do It! Review 21-1 Complete the following sentences. 1. establish goals for the company's sales and production personnel Financial Budgets Long-range Plans 2.Master Budget is a set of interrelated budgets that constitutes a plan of action for a specified time period Operating Budgets Participative Budgeting Sales Forecast educes the risk of having unrealistic budgets. 4. include the cash budget and the budgeted balance sheet. 5. The budget is formed within the framework of a contain considerably less detail than budgets. Click if you would like to Show Work for this question: Open Show Work