Scoring: Your score will be based on the number of correct matches. There is no penalty for incorrect or missing matches. Match the phrase that follows with the term (a-e) it describes. Clear All shows expected results at several activity levels flexible budget integrated set of operating and financing budgets for a period of time sales budget estimates the number of units to be manufactured to meet sales and inventory levels static budget shows expected results at only one activity level master budget begins by estimating the quantity of sales production budget