Complete the following sentences.
1. establish goals for the company’s sales and production personnel.
2. The is a set of interrelated budgets that constitutes a plan of action for a specified time period.
3. reduces the risk of having unrealistic budgets.
4. include the cash budget and the budgeted balance sheet.
5. The budget is formed within the framework of a .
6. contain considerably less detail than budgets.

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Answer

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Explanation  

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.  

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