Managers primarily use budgeting to implement strategic plans and estimate revenues and expenses, but they don't rely on budgeting to control or make adjustments to the actual results. True False Question 19 1 pts The first budget prepared is the cash budget. True False Question 20 1 pts Dylan's Kayak Shop is budgeting for cash flows and impacts on the balance sheet, which is an example of: Capital Expenditures Budget Financial Budget Inventory, Purchases, and COGS Budget Operating Budget