FREE b40078245ce6449 fe93c230092156295bae26915b6deoaf Layout References Malings RaviewView Q1-On a budgeted balance sheet, the retained eanings number is the net income number as projected by the budgeted income statement. True False Budgets describe in financial terms the plans to achieve an entity's strategic objectives. True False One of the distinct advantages of a budget is that it can help to uncover potential bottlenecks before they occur. True False MacBook Air D F9