buisiness GCSE words
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assets |
Assets are what a buisness owns.
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budgetary |
Budgetary control is when a predicted bedget is compared with actual figures.
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budget |
To budget is to predict what money is going in and out of a business.
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capital |
Capital is the money that funds a business.
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employment |
Capital employment is all the money that has been invested into a company.
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forecast |
Cash flow forecast is the finacial record that predicts when money should be coming in and going out.
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creditor |
A crditor is someone that a business owes money to.
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debtor |
A debtor is someone that owes a business money.
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direct |
Direct costs relate directly to making a profit.
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expenditure |
Expenditure is all the money a business spends.
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costs |
Fixed costs are costs a business has to pay even if it prodeuces nothing.
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profit |
Gross profit is the money left over once cost of sales has been taken away from revenue.
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statement |
An income statement is a finacial record for a company.
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* This sentence was added by a Spellzone user.
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