Explain the nature of flexible budgets, and present one argument in favor of using them. 5. How can budgeting assist an organization to efficiently use its human resources? 6. How are the master budget and flexible budget related? 7. List two methods that organizations could use to minimize budgetary slack. Snow Blowers produces and sells snow blowers. Production levels are high in the summer and the beginning of fall, and then taper off through the winter. Sales are high in the fall an in early winter, and then taper off in the spring. Explain why preparing a cash budget migh particularly important for Snow Blowers. 9. Discuss the similarities and differences between annual budgets and rolling budgets