M1-2 (Static) Matching Terminology [LO 1-1, 1-2, 1-4] Match each of the following terms to the corresponding definition by entering the appropriate letter in the space provided. A. Accounting information that is aimed at external users B. Accounting information that is aimed at those working inside the organization C. The establishment of goals and objectives along with the tactics that will be used to achieve them D. The process of putting a plan into action E. The measurement and monitoring of a company's performance to see if planned objectives are being met F. A company that purchases raw materials and converts them into finished products G. A company that sells manufactured products H. The cost of not doing something I. Costs that can be reasonably traced to a cost object J. Costs that cannot be reasonably traced or are not worth the effort to trace to a cost object K. Costs that change in direct proportion to changes in activity level L. Costs that remain the same per unit of activity M. Costs that vary inversely per unit of activity N. Direct materials plus direct labor O. Money that has already been spent P. Costs that differ between alternatives Q. A plan in monetary or financial terms R. Inventoriable costs S. The ability to meet today's needs without sacrificing the ability of future generations to meet their own needs T. Period costs 1. Budget 2. Controlling 3. Direct Costs 4. Financial Accounting 5. Fixed Costs 6. General and Administrative Expenses 7. Merchandising Companies 8. Product Cost 9. Sunk Costs 10. Sustainability