The event _________ is the most important tool to manage the financial decisions within the event management business. Question 1 options: Policy Budget Planning Question 2 (1 point) Each event represents a _________ budget. Question 2 options: Separate Standard Similar Question 3 (1 point) In this type of event, revenue exceeds expenses. Question 3 options: Break-even events Hosted events Profit-oriented events Question 4 (1 point) An event budget is based on the _________ of previous identical or similar events. Question 4 options: Profit margin Earned revenue General history Question 5 (1 point) A good technique used for developing _________ is high-low. Question 5 options: Client database Event name Income projections