Assessment : Match the following with a B for Budgeting, CB for Capital Budgeting, or B-CB for both: ________ 1. Planning 1-3 years out. ________ 2. Convert volumes into revenues. ________ 3. Is part of corporate planning. ________ 4. Project cash flows. ________ 5. Perform financial analysis. ________ 6. Convert operating plan into budgets for revenues, expenses, and cash. ________ 7. Project volumes. ________ 8. Planning 1 year out. ________ 9. Identify and prioritize requests. ________ 10. Identify non-financial benefits. ________ 11. Convert volumes into expenses requirements. ________ 12. Evaluate benefits and make decisions. ________ 13. Adjust revenues and expenses as necessary. ________ 14. Convert operating plan into budget for capital expenditures.