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Assignmer X _ Managem ocs.google.com/document/d/1SYEKJ94sY2GpdbY5rjYPoSOnbvQEKNEBZWJHyJaolOU/edit 100% - Normal text Georgia 10 + BIUA , CHO. 2 1 17 1 1 1 1 Fill in the blanks: a. Ideally, a budget formalizes management's in quantitative terms and breaks these down into operational objectives. b. assist planning for long- term investing needs, such as the addition of equipment. forecast cash needs for an organization over shorter periods. d. are designed to judge the performance of an individual segment or manager, usually over one quarter or a fiscal year. e. Ideally, under a model, all levels of relevant management and staff jointly contribute to setting operational goals. f. Under a _ model, a manager requests input into the budgeting process from subordinates, but determines the final budget independently. . The traditional budgeting process can be divided into and stages. h. A numerically-based encapsulates and quantifies the objectives of the organization that arise from its strategic planning process into shorter time periods, such as a fiscal year or quarter. i. In the stage, the operating budget provides a projected standard against which actual results can be compared and issues identified. requires that every line item of a budget, rather than just incremental changes, must be approved. k. An important component of governmental ZBB was the establishment of certain _ designed to measure a program or unit's efficiency and effectiveness. 1. Government expenditures are usually approved annually by the O