he lexicon terms I identified from this week's interactive media are budget/budgeting, expenditures, allocation, and appropriation (Walden University, LLC., 2022). The principles most needed for my foundational understanding as a manager administrator are finance and budgeting, public goods, externalities, and incomplete markets and information. It is essential to understand budgets to ensure one is spending appropriately as the budget is being executed throughout the year. Budgeting helps managers and administrators avoid running out of money, and in the budgeting process, decisions should be made for the best use of funds (Mikesell, 2018). Understanding finance principles also helps managers and administrators understand programs and program delivery. When working with goods delivered through services such as those provided by non-profits, organizations must find ways to measure their success that are not identified by profits as there will not be any profits. Using data to quantify the number of individuals served and comparing it to a projected goal or previous year could help forecast and avoid financial underpinnings and help identify better budgeting systems and mechanisms (Mikesell, 2018). (Ferguson, 2023)