Examlex
Match the following terms with the appropriate definition.
-Assets that are held for more than the longer of one year or the operating cycle of the company and are not used in operations.
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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