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Select each of the terms with the best description of its purpose. Terms Definitions 1. Helps determine financing needs. 2. The usual starting point in

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Select each of the terms with the best description of its purpose. Terms Definitions 1. Helps determine financing needs. 2. The usual starting point in the master budget process. 3. A report that shows predicted revenues and expenses for a budgeting period. 4. A budgetary cushion used to meet performance targets. 5. A comprehensive plan that consists of several budgets that are linked. 6. Employees affected by a budget help in preparing it. Budgetary slack Budgeted income statement Cash budget Master budget

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