View Policies Current Attempt in Progress Use this list of terms to complete the sentences that follow. Long-range plans Master budget Sales forecast Operating budgets Participative budgeting Financial budgets (a) The (b) (c) establish goals for the company's sales and production personnel. is a set of interrelated budgets that constitutes a plan of action for a specified time period. reduces the risk of having unrealistic budgets. include the cash budget and the budgeted balance sheet. (d) The budget is formed within the framework of a (e) contain considerably less detail than budgets. (f) eTextbook and Media Save for Later Attempts: 0 of 3 used Submit