1.
applied research: ...
2.
assets: anything of material value or usefulness
3.
balanced sheet: shows the current assets,including cash, property and equipment, and the current liability
4.
benchmarks: ...
5.
budget: a summary of intended expenditures along with proposals for how to meet them
6.
cash budget: an estimate of the actual money received and paid out for a specific period
7.
direct deposit: An automatic deposit of a paycheck without having to take a physical check to the bank.
8.
discrepancies: differences, contradictions
9.
expenses: an expense is an outflow of money to another person or group to pay for an item or service, or for a category of costs.
10.
financial performance ratios: comparisons of a company's financial elements that indicate how well the business is performing
11.
financial records: used to record and analyze the financial performance of a business
12.
income statement: a financial statement that gives operating results for a specific period
13.
just-in-time: goods arrive when needed for production, use, or sale rather than sitting in storage
14.
liabilities: anything that is owed to someone else
15.
logistics: ...
16.
manufacturing: making products to sell
17.
operating budget: a budget for current expenses as distinct from financial transactions or permanent improvements
18.
owner's equity: the amount remaining after the value of all liabilities is subtracted from the value of all assets
19.
payroll: the department that determines the amounts of wage or salary due to each employee
20.
payroll record: the form used to track each employee's pay history
21.
pure research: seeks to gain knowledge for the sake of knowledge itself
22.
revenue: the entire amount of income before any deductions are made
23.
schedule: ...
24.
standard: ...
25.
start-up budget: plans income and expenses from the beginning of a new business or a major business expansion until it becomes profitable
