Kinn's Chapter 12 Vocab

10 terms by ebauer0655

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backorder

An ordered item that has not been delivered when promised or demanded but will be supplied at a later date.

bookmarking

Marking a document or a specific place within a document for later retrieval; a feature supported by most browsers that allows the user to save the address (or URL) so that the document can be located when it is needed again.

budget

A plan for the coordination of resources and expenditures; the amount of money that is available or required for a particular purpose.

circumvent

To manage to get around, especially by ingenuity or strategy.

discrepancies

Differences among conflicting facts, claims, or opinions.

fiscal year

An accounting period of 12 months during which a company determines earnings and profit; the fiscal year does not necessarily begin in January - instead, the beginning of the fiscal year is determined by the business.

incur

To become liable or subject to; to bring down on oneself.

outsourcing

The practice of subcontracting work to an outside company

packing slip

A list of items that are included in a shipment.

proactive

Acting in anticipation of future problems, needs, or changes.

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