Laled below are several tenns Completo the following statements with one of these terms You may use a term more than once, and some terms may not be used at t (Click the icon to view the terms) W These budgets d. The a budget that is continuously updated by adding months to the end of the budgeting period the comprehensive planning document for the entire organ projed both the collection and payment of cash and forecast the company's budgeted sheet used to forecast how many units should be made to meet the sales projections e. When an organization builds its budgets from the ground up, it is using their budgets to protect themselves against unanticipated expenses or lower revenues the process of setting long-term goals that may extend several years into the tre 0. Managers will sometimes bald nto The L L are the difference between actual and budgeted Sigures and is uoad to evaluate how well the manager controlled operations during the period often used by compares to review submitted budgets, make sevisions as needed, and approve the final budget is extra inventory of freshed goods that is kept on hand in case demand is higher than predicted or problems in the factory cleur producin k. The sales budget and production budget are examples of a budgeting process that begins with departmental managers and fows up through midde management to too management Terms Budget comme Financial budgets Maher budget Operating budgets Participative budgeting Production budget Rolling budget Safety stock Slack Strategiplarning Vanc Zero-based budgeting Done