Which of the following plans has the characteristics specified below? (1) These plans are prepared for individual departments or activities within the guidelines from senior management: (2) Budget goals should be consistent with company mission; (3) It is approved by senior management; (4) The overall budget is combined in the financial terms, including budgeted income statement, financial position and cash flow. Operational plans Corporate plans Tactical plans Strategic plans ABC Company Ltd. is preparing the rolling budgeting on the monthly basis. Last month the company personnel updated the company's cash budget and identified that there would be a forecasted cash deficit of 35,000 USD at the end of the year. As a result, company management has made a decision to postpone the purchase of new equipment, which was originally planned for this year. What kind of control is described above? Negative feedback control Positive feedback control Double loop feedback control O Feedforward control Please find the statement/s that might lead to the labor efficiency planning variance: (1) The change in legislation for employing personnel, which requires providing employees with longer rest periods (2) The customer demand requires higher quality of the products, which leads to a change in product design (3) Idle time when workers were waiting for the job due to fault in supply of materials (4) The incorrectly estimated learning effect for labor in the production budget 1.2 and 4 1.2 and 3 2 and 3 only 1, 2, 3, and 4