Across
- 9. standard achieved if operating conditions are perfect
- 11. indicated planning expenditures for marketing and distribution activities
- 12. expressing company's goals and objectives
- 14. schedule that shows anticipated cash collections
- 15. difference between reported budget and realistic budget numbers
Down
- 1. strategy where company uses prior period's budget as a starting point
- 2. strategy where company begins each budget period with zero budget
- 3. shows the expected cash outflows
- 4. budgeting approach that relies on predetermined standards set by upper-level management
- 5. plan for future in quantitative terms
- 6. budget which shows expected sales for physical and financial period
- 7. allows individuals who are affected by the budget to have input in budgeting process
- 8. budget that uses information from sales budget plus desired ending inventory
- 10. compilation of all budgets/schedules prepared
- 13. standard that can be achieved under practical operating conditions