Illustrate your knowledge of budgets by identifying the correct terms and selecting the appropriate definition for a match. Use the attached document to complete your assignment and upload below.

1.Schedules the purchase of assets that will be purchased in the future

2. Managerial function that involves the proper and effective selection, appraisal and training of personnel

3.A plan that converts the organizations goals and objectives into the targets for revenue and spending

4. Recording known transactions in the appropriate time period before cash payments are expected or due.

5.It calls for explicit structures, polices, process, technology and controls. It ensures the value of information assets, requiring an organization wide perspective of information management functions.

6. Involves the process of maintaining financial viability by ensuring operating revenues for the year are sufficient to cover the operating expenditures

7.Registering the transaction when it occurs -

8. The management and control of the supplies used within an organization.

9.Allocates and controls resources to meet an organizations goals and objectives for a fiscal year

10. Takes into account departments that are not revenue producing bur are necessary for operation

11. Allocates all of the employee wages and benefits taking into consideration salary and cost of living increases .

12.A process and strategy of deciding where resources should be used to achieve the mission, value and goals of the organization.

13.Resources that can change like supplies and food costs.

A. Enterprise Information Management

B. Supply Management

C. Accrual Accounting

D. Staffing Budgets

E. Cash basis Accounting

F. Capital Budget

G. Budget Management

H. Salaries

I. Allocated Cost

J. Operating Budget

L. Salaries and Benefits

M. Variable cost