Which of the following choices correctly denotes managerial functions that are commonly associated with budgeting? 
Definitions:
Poisson Distribution
A statistical distribution that expresses the probability of a given number of events occurring in a fixed interval of time or space, assuming that these events occur with a known constant mean rate and independently of the time since the last event.
Expected Cost
The forecasted cost of completing a project or producing a product, taking into account all known variables and potential risks.
Waiting-Line System
A model used to analyze the flow of customers, tasks, or items through a queue or waiting period, optimizing service efficiency.
M/M/1
A basic model in queueing theory representing a system with a single server, where arrivals and service times are both exponential (Markovian), and there is a single queue.
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