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BM 2 Vocab 5.01

TermDefinition
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 statements 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; unbiased
Relevant Appropriate to the matter at hand
Created by: anna.f933
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