Use the following terms to complete the sentences that follow. Terms may be used once, more than once, or not at all:

$\backslash$table$[[1.,$The,grad,is a set of interrelated budgets that constitutes a plan of action for a specific period.$],[2.,$The,,establish goals for the company's sales and production personnel$],[3.,A(n),,\backslash$table$[[$approach to budgeting is more likely to motivate people to$],[$work toward an organization's goal than a$($n$)]],$approach.$],[4.,$Managers who intentionally understate expected sales or overstate expected expenses are creating,$],[5.,$Comparing actual results to budgeted plans is an example of management performing its,function.$],[6.,$The starting point for preparing the master budget is the,$],[7.,$The,,$\backslash$table$[[$provides information about a company's expected revenue, expenses, and profitability for a period of$],[$time$.]]],[8.,$Using $a(n),7,$when one budget period passes, another is automatically added at the end.$],[9.,$The,.,provides information about a company's expected financial position at a specific point in time$],[10.,$Once the,,$\backslash$table$[[$has been prepared, the direct materials purchases, the direct labor, and the manufacturing overhead$],[$budgets can be prepared.$]]]]$