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BM2 Obj 501
Term | Definition |
---|---|
Accounts Payable | Money a company owes |
Accounts receivable | Money that is owed to a company |
Acquire | To buy or obtain |
Assets | Resources owned by a business or an individual |
Budget | An estimate of income and expenditures over a certain period of time |
Consistent | Unchanging |
Data | Facts and figures |
Financial Statement | Records that show a business's financial activities |
Income Statement | A financial record that measures a company's performance during a certain period of time |
Information | Knowledge and facts in useful form |
Neutral | Impartial; unbaised |
Relevant | Appropriate to the matter at hand |