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| Budget Period | The length of time covered by a budget. |
| Budgeting | Plannign the financial operations of a business. |
| Budget | A written financial plan of a business for a specific period of time, expressed in dollars. |
| Budget Period | The length of time covered by a budget. |
| Comparative Income Statement | An income statement containing sales, cost, and expense information for two or more years. |
| Sales Budget Schedule | A statement that shows the projected net sales for a budget period. |
| Purchases Budget Schedule | A statement prepared to show the projected amount of purchases that will be required during a budget period. |
| Selling Expenses Budget Schedule | A statement prepared to show projected expenditures ralted directly to the selling operations. |
| Administrative Expenses Budget Schedule | A statement that shows the projected expenses for all oeprating expenses not directly related to selling operations. |
| Other Revneue and Expenses Budget Schedule | Budgeted revenue adn expenses from activities other than normal oepration are show in a statement. |
| Budgeted Income Statement | A statement that shows a comapny's projected sales, costs, expenses, and net income. |
| Cash Receipts Budget Schedule | Projected cash receipts for a budget period are reported on a statement. |
| Cash Payments Budget Schedule | Projected cash payments for a budget period are reported on a statement. |
| Cash Budget | A statement that shows for each month or quarter a projection of a company's beginning cash balance, cash receipts, cash payments, and ending cash balance. |
| Performance Report | A report showing a comparison of projected and actual amoutns for a specific period of time. |