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Before Retiring at the End of 2008,Unilever Group Chief Executive

question 65

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Before retiring at the end of 2008,Unilever Group Chief Executive Patrick Cescau wanted to reconnect the company with its heritage of sustainability and concern for the environment.This and other values reflect Unilever's philosophy of "doing well by doing good."

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Definitions:

Cash Budget

A forecast of cash inflows and outflows for a business or individual for a specific period of time.

Budgeted Income Statement

A financial statement that forecasts a company's revenue, expenses, and net income for a future period.

Budgeted Balance Sheet

A projection of a company's financial position at a future date, detailing assets, liabilities, and equity.

Production Budget

A financial plan that estimates the number of units to be produced to meet sales goals within a given period.

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