Matching Pairs Fiscal Terms Matching Game Online version Family Home Provider Business Training Budgeting Slide 4 by Heather Phillips 1 Forecasting 2 Separation of Duties 3 Internal Controls 4 Fiscal Year 5 Assets 6 Revenue 7 Liabilities 8 Expenses Processes that help reduce risk and provide reasonable assurance about the integrity of financial information, the effectiveness of operations, and compliance with laws. Debts that the program is responsible for. A 12-month period of time used for tax and accounting purposes and preparing financial statements. Everything with an economic value a program owns. Having more than one person complete a task. Money spend or costs incurred to run the program and earn revenue. Total amount of money collected for services or goods sold before any expenses are subtracted. The process of using historical financial information to predict future business trends.