Match the following statements to the appropriate terms.

A selection of strategies to achieve long-term goals.	BudgetMaster budgetLong-range planningCash budgetSales budgetSales forecastFinancial budgetsDirect materials budgetBudget committeeProduction budget
An estimate of expected sales for the budget period.	Budget committeeCash budgetLong-range planningProduction budgetSales budgetSales forecastDirect materials budgetFinancial budgetsMaster budgetBudget
Budgets that indicate the cash resources needed for expected operations and planned capital expenditures.	Direct materials budgetLong-range planningSales forecastBudgetCash budgetProduction budgetBudget committeeFinancial budgetsSales budgetMaster budget
The projection of potential sales for the industry and the company's expected share of such sales.	Financial budgetsMaster budgetProduction budgetCash budgetBudgetSales budgetDirect materials budgetLong-range planningBudget committeeSales forecast
Management's plans expressed in financial terms for a specified future time period.	Financial budgetsLong-range planningBudget committeeCash budgetDirect materials budgetMaster budgetSales forecastProduction budgetSales budgetBudget
A projection of anticipated cash flows.	BudgetFinancial budgetsProduction budgetMaster budgetSales forecastCash budgetLong-range planningBudget committeeDirect materials budgetSales budget
A group responsible for coordinating the preparation of the budget.	Financial budgetsSales forecastLong-range planningSales budgetBudgetBudget committeeMaster budgetDirect materials budgetProduction budgetCash budget
A projection of production requirements to meet expected sales.	Cash budgetFinancial budgetsBudget committeeMaster budgetLong-range planningBudgetDirect materials budgetSales forecastProduction budgetSales budget
A set of interrelated budgets that constitute a plan of action for a specified time period.	Financial budgetsSales forecastSales budgetCash budgetMaster budgetLong-range planningBudgetBudget committeeDirect materials budgetProduction budget
An estimate of the quantity and cost of direct materials to be purchased.	Direct materials budgetSales budgetMaster budgetSales forecastBudgetProduction budgetBudget committeeLong-range planningCash budgetFinancial budgets