Match each phrase that follows with the term it describes.

1. Budget

2. Capital expenditures budget

3. Sales budget

4. Production budget

5. Cash budget

6. Budgeted balance sheet

A. an accounting report that presents predicted amounts of the company's assets, liabilities, and equity as of the end of the budget period

B.plans an important role for organizations in planning, directing, and controlling a company's future goals

C. a plan showing the units of goods to be sold and the sales to be derived; usually the starting point in the budgeting process

D. a plan that lists dollar amounts to be both spent on purchasing additional pant assets to carry out the budgeted business activities

E. a plan showing the number of units to be produced each month

F. a plan that shows the expected cash inflows and outflows during the budget period, including receipts from loans needed to maintain a minimum cash balance and repayments of such loans