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Map Exercise 2-1
On the following outline map:
-Refer to Map Exercise 2-1. Label the following rivers and bodies of water: Atlantic Ocean
Chesapeake Bay Delaware River Potomac River
Operating Budget
A detailed projection of all expected income and expenses based on forecasted sales revenue during a specified period, usually a fiscal year.
Direct Labor Budget
A financial plan that estimates the cost of the direct labor required to meet production needs, including wages of workers who are directly involved in the manufacturing of goods.
Cash Budget
A forecast of cash inflows and outflows over a specific period, used to manage liquidity and ensure sufficient cash is available for operations.
Operating Budgets
Detailed projections of income and expenses related to a company's operational activities for a specific period, typically one year.
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