Match the term with definition.

Match the term with the definition. [Select] A formal statement of future plans, usually expressed in monetary terms. [Select] A plan showing the number of units to be produced each month. [ Select] The term in a budget used to describe a legally approved right to spend funds. [Select] An accounting report that presents predicted amounts of the company's assets, liabilities, and equity as of the end of the budget period. [Select] A plan that shows the predicted costs for direct materials, direct labor, and overhead costs to be incurred in manufacturing the units in the production budget. [Select] A plan that lists the types and amounts of selling expenses expected during the budget period. Select] A plan showing the units of goods to be sold and the sales to be derived; usually the starting point in the budgeting process. [Select ] The practice of preparing budgets for a selected number of several periods and revising those budgets as each period is completed. [Select ] A plan that lists dollar amounts to be both received from disposing of plant assets and spent on purchasing additional plant assets to carry out the budgeted activities. [Select] A plan that shows the expected cash inflows and outflows during the budget period, including receipts from loans needed to maintain a minimum cash balance and repayments of such loans. [ Select ] The common level of control in most organizations for employee salaries. [ Select] [Select ] Manufacturing budget Sales budget Budgeted income statement Line level Object level Capital expenditure budget Appropriations Cash budget Business plan Continuous budgeting Production budget Selling expense budget Budgeted balance sheet Materials acquisition budget Budget