Stuff

Front

What is rounding?

Back

A type of estimation with specific rules for determining the closest value.

Front

What is income?

Back

Money earned or received.

Front

Who is 'Me'?

Back

Refers to oneself, the speaker.

Front

What is the sum?

Back

The answer to an addition problem.

Front

What is profit?

Back

Money earned minus expenses.

Front

What is estimation?

Back

A rough calculation of value or number.

Front

What is an expense?

Back

Money spent or cost incurred.

Front

What is the difference?

Back

The answer to a subtraction problem.

Front

What is credit?

Back

An arrangement to receive goods or services before payment.

Front

What is a financial statement?

Back

A formal record of the financial activities of a business.