Chapter 9 Matching Quiz Match the definitions with the terms. wordfexcel Definitions: a. The amount of work minus any defective units b. A plan that converts the organization's goals and objectives into targets for revenue and spending c. Any representation of a signature in digital form, including an image of a handwritten signature d. The total number of workers, including part-time, in an area as the equivalent of full-time positions e. Any consecutive 12-month period an organization uses as its accounting period f. A financial method used to evaluate the value of a capital expenditure by calculating the time frames that ms pass before inflow of cash from a project equals or exceeds outflow of cash g. A type of financial plan that allocates and controls resources to meet an organization's goals and objectives it the fiscal year h. The difference between a budget and actual value Terms: 1. 3. Budget Full-time equivalents Payback period Variance 5. 7. Completed work Electronic signature Fiscal year Operational budget