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Please answer the following questions in your own words. This assignment is designed to ensure that you have gained a basic understanding of the reading,

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Please answer the following questions in your own words. This assignment is designed to ensure that you have gained a basic understanding of the reading, and will be graded mostly for completeness, with a small amount of variation for the quality of the response. 1. Why do we start the budgeting process with the sales forecast? 2. Why would we want to keep all of our budgeting assumptions in one place when using a spreadsheet program? 3. What is a self-imposed budget? What are its advantages and disadvantages? 4. Why is the cash budget important

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