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4 Cards in this Set
- Front
- Back
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FINANCE |
The science and art of managing money. |
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BUDGETING |
It is the act of estimating revenue and expenses over a period of time. |
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SOURCES OF FUNDS |
It is the people or institutions that we ask for to give us the money we need when faced with financial difficulties. |
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1. How much of the earnings is spend. 2. How much is save or how much is needed. 3. How to invest the savings. 4. How to raise additional funds needed |
Finance is concerned with decisions about these. |
