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