PBMF-Budgeting for Business

______________ is the allocation of monetary funds based on a determined structures.

• Budgeting
• Assets

• Gross Income

• Net Worth

__________ blueprints for the execution and organization of revenues and expenditures; a specific plan for spending an saving money.

• Budgeting

• Budgets

• Assets

• Net Worth

_________________ amount of income received before costs of goods and taxes.

• Gross income

• Fixed Expeneses

• Variable Expenses

• Net Income

_________________ amount of income after costs of goods and taxes are deducted.

• Gross Income

• Fixed Expenses

• Variable Expenses

• Net Income

_____________________ remain the same regardless of business activity.

• Variable Expenes

• Gross Income

• Net Income

• Fixed Expeneses

____________ may change or fluctuate; sometimes can be hard to predict.

• Fixed Expenses

• Gross Income

• Net Income

• Variable Expenses

___________ items or ownership convertible into cash.

• Assets

• Liabilities

• Net Worth

• Budgets

___________ money owed; debts.

• Assets

• Liabilities

• Net Worth

• Variable Expenses

__________ assets minus liabilities

• Assets

• Liabilities

• Net Worth

• Net Income