Need help solving #4,5,6,8,9,11

1. Describe the planning phase of budgeting. 2. Describe the control phase of budgeting. 3. Refer to "Business in Action 9.1". Describe two characteristics that make budgeting difficult for multinational companies. 4. Why do successful companies tend to use the bottom-up approach to budgeting? 5. Briefly describe the components of a master budget for a manufacturing organization. 6. Why is the sales budget the most important component of the master budget? 7. Describe the information used by companies to estimate sales. 8. Describe how units to be produced is calculated in the production budget. 9. How does a production budget help the production manager plan for the future? 10. Why is depreciation deducted at the bottom of the manufacturing overhead budget? 11. Why do companies that prepare a budgeted income statement also prepare a cash budget