Finance and Budgeting Concepts

Front

What is budgeting?

Back

Planning how to spend money over a period of time.

Front

What does forecasting mean in finance?

Back

Predicting future financial outcomes based on data.

Front

What is cost control?

Back

Monitoring and reducing expenses to stay within budget.

Front

What are analytical skills?

Back

The ability to analyze data and make decisions based on it.

Front

What is a financial report?

Back

A document showing a company’s financial performance.

Front

What is a KPI?

Back

A key performance indicator that measures progress or success.

Front

What is cash flow?

Back

The movement of money in and out of a business.

Front

What does deadline-oriented mean?

Back

Being focused on finishing tasks on time.

Front

What is a reporting system?

Back

A method used to collect and organize data for decision-making.

Front

What is a dashboard in finance?

Back

A visual display of key financial metrics.