MATCH THE FOLLOWING | ||||||||||||
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Ans. | 1 | Shows expected results at several activity levels = | Flexible budget | ||||
2 | Integrated set of operating and financing budgets for a period of time = | Master budget | |||||
3 | Estimates the number of units to be manufactured to meet sales and inventory levels = | Production budget | |||||
4 | Shows expected results at only one activity level = | Static budget | |||||
5 | Begins by estimating the quantity of sales = | Sales budget | |||||
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