Matching Pairs Basic Admin Concepts MatchOnline version Match core admin concepts with brief descriptions. by Valentina Carvajal Marin 1 Sales 2 Revenue 3 Profits 4 Losses 5 Records 6 Expenses 7 Costs 8 Materials When expenses and costs exceed income. Written documentation of financial transactions. Physical inputs required for production. Money going out to cover costs and services. Revenue from selling products or services. Money left after income exceeds costs. Value of resources used to produce something. Money entering the company from sales or salaries.