Match each of the following terms to the corresponding definition by entering the appropriate letter in the space provided.

1. Accounting information that is aimed at external users
2. Accounting information that is aimed at those working inside the organization
3. The establishment of goals and objectives along with the tactics that will be used to achieve them
4. The process of putting a plan into action
5. The measurement and monitoring of a companys performance to see if planned objectives are being met
6. A company that purchases raw materials and converts them into finished products
7. A company that sells manufactured products
8. The cost of not doing something
9. Costs that can be reasonably traced to a cost object
10. Costs that cannot be reasonably traced or are not worth the effort to trace to a cost object
11. Costs that change in direct proportion to changes in activity level
12. Costs that remain the same per unit of activity
13. Costs that vary inversely per unit of activity
14. Direct materials plus direct labor
15. Money that has already been spent
16. Costs that differ between alternatives
17. A plan in monetary or financial terms
18. Inventoriable costs
19. The ability to meet todays needs without sacrificing the ability of future generations to meet their own needs
20. Period costs

1. Budget = ?

2. Controlling = ?

3. Direct Cost = ?

4. Financial Accounting = ?

5. Fixed Cost = ?

6. General and Administrative Cost = ?

7. Merchandising Companies = ?

8. Product Cost = ?

9. Sunk Cost = ?

10. Sustainability = ?