Lesson 14: The Beauty of the Budget
Terms in this set (13)
to extrapolate monthly budgets to a yearly estimate.
an estimate of expected income and expenses for a specific period of time.
the amount by which spending exceeds income for a specified period of time.
the amount by which income exceeds expenses for a specified period of time.
a grouping of related expenditures such as utilities which includes gas, power and water.
costs that are not essential for operation of a household.
an outflow of funds.
an inflow of funds.
to list by item.
costs that are necessary for operation of a household and must be paid on a regular basis.
a one-time charge; not a regular expense.
a cost that is repeated regularly, often monthly.
the discrepancy between the amount projected to be spent within a category and the actual amount spent.
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terms of sale
Accounting Chapter 3
OTHER SETS BY THIS CREATOR
Lesson 18: Resolving Insolvency
Lesson 17: How to Lose it All..
Lesson 16: Share with Care!
Lesson 15: Protect What You've Earned
THIS SET IS OFTEN IN FOLDERS WITH...
Lesson 1: Getting Personal: You and Your Money
Lesson 2: Battle of the Banks
Lesson 3: A Job That Pays
Lesson 4: Pay. It's More Than a Salary