M8-3 (Static) Matching Terminology (LO 8-1, 8-2, 8-3, 8-4) Match each definition with its related term by selecting the appropriate term in the dropdown provided. (Select "None of these are correct" if there is no term for the "Definition".) Term Budgeted Balance Sheet Definition A Astatement that summarizes budgeted sales revenue and expenses for the budget period B. A budget showing how many units need to be produced in each budget period C. A statement showing the estimated total sales revenue to be generated in each budget period. D. A statement that shows expected assets, liabilities, and owners' equity at the end of the budget period, E A goal that management wants to achieve within one year or loss F Budgeted manufacturing cost per unit times the budgeted unit salos G. A financial budget providing information about cash receipts and payments. HA vision of the organization's achievements over the long term. L Budgets that focus on the financial resources needed to support operations J. A budget that indicates the quantity of materials, labor, and overhead to be used in production Budgeted Cost of Goods Sold Cash Budget Financial Budgets Short-Term Objective Ch8 Saved M8-3 (Static) Matching Terminology (LO 8-1, 8-2, 8-3, 8-4) Match each definition with its related term by selecting the appropriate term in the dropdown provided. (Select "None of these are correct" if there is no term for the "Definition".) Term Definition AA statement that summarizes budgeted sales revenue and expenses for the budget period B. A budget showing how many units need to be produced in each budget period, C A statement showing the estimated total sales revenue to be generated in each budget period. D. A statement that shows expected assets, liabilities, and owners' equity at the end of the budget period, E A goal that management wants to achieve within one year or less Budgeted manufacturing cost per unit times the budgeted unit sales. G. A financial budget providing information about cash receipts and payments. HA vision of the organization's achievements over the long term. Budgets that focus on the financial resources needed to support operations A budget that indicates the quantity of materials, labor, and overhead to be used in production Cash Budget Financial Budgets Short-Term Objective Strategic Plan None of These are Correct