Save
Busy. Please wait.
Log in with Clever
or
show password
Forgot Password?
Don't have an account?  Sign up 
Sign up using Clever
or
Username is available taken
show password


Make sure to remember your password. If you forget it there is no way for StudyStack to send you a reset link. You would need to create a new account. Your email address is only used to allow you to reset your password. See our Privacy Policy and Terms of Service.

Already a StudyStack user? Log In

Reset Password
Enter the associated with your account, and we'll email you a link to reset your password.
focusNode
Didn't know it?
click below
 
Knew it?
click below
Don't Know
Remaining cards (0)
Know
0:00
edit
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.

  Normal Size     Small Size show me how

Budget Vocab

TermDefinition
Zero-based budget a type of budgeting which requires each cost element to be specifically justified. At the end, the budget allowance is zero
Fixed Expenses expenses that stay the same over time
Variable Expenses costs are costs that change as the quantity of the good or service that a business produces changes
Income The flow of cash or cash-equivalents received from work (wage or salary), capital (interest or profit), or land (rent)
Need things that are needed for survival
Want a desire that is not required
Disposable Income Gross income of an individual or firm from which direct taxes have been deducted along with other expenses
Financial Plan Budget or investment strategy that helps an individual take the necessary steps to achieve his/her financial goals
Assets Something valuable that an entity owns, benefits from, or has use of, in generating income
Liabilities a thing for which someone is responsible, especially a debt or financial obligation
Net Worth the value of all the non-financial and financial assets owned by an institutional unit or sector minus the value of all its outstanding liabilities
Capital Wealth in the form of money or assets, taken as a sign of the financial strength of an individual, organization, or nation, and assumed to be available for development or investment
Surplus Extent to which generation of goods, services, and resources (such as capital) exceeds their consumption
Budget An estimate of costs, revenues, and resources over a specified period, reflecting a reading of future financial conditions and goals
Created by: justinw2211
Popular Business sets

 



Voices

Use these flashcards to help memorize information. Look at the large card and try to recall what is on the other side. Then click the card to flip it. If you knew the answer, click the green Know box. Otherwise, click the red Don't know box.

When you've placed seven or more cards in the Don't know box, click "retry" to try those cards again.

If you've accidentally put the card in the wrong box, just click on the card to take it out of the box.

You can also use your keyboard to move the cards as follows:

If you are logged in to your account, this website will remember which cards you know and don't know so that they are in the same box the next time you log in.

When you need a break, try one of the other activities listed below the flashcards like Matching, Snowman, or Hungry Bug. Although it may feel like you're playing a game, your brain is still making more connections with the information to help you out.

To see how well you know the information, try the Quiz or Test activity.

Pass complete!
"Know" box contains:
Time elapsed:
Retries:
restart all cards