Budget Maker Crossword Puzzle

QUESTIONS LIST:

• budget: a financial plan used to allocate resources and measure performance.
• income: money received from wages, rent, investments, or other sources.
• expense: a cost incurred in the operation of a household or business.
• revenue: the total earnings generated before expenses are deducted.
• forecast: a projection of future financial results based on current trends.
• variance: the difference between planned and actual financial performance.
• surplus: the amount remaining when income exceeds expenses.
• deficit: a financial condition in which expenditures exceed available income.
• cash flow: the movement of money into and out of an organization.
• savings: money set aside for future use rather than current spending.
• asset: anything owned that provides current or future economic value.
• liability: a debt or obligation owed to another party.
• equity: the remaining value after liabilities are subtracted from assets.
• debt: borrowed money that must be repaid, often with interest.
• investment: funds committed today with the expectation of future returns.
• allocation: the process of assigning resources to budget categories.
• reserve: funds set aside to address future uncertainty or risk.
• contingency: a budget category established for unexpected expenses.
• emergency fund: money designated specifically for unforeseen financial events.
• accrual: recording revenues or expenses when earned or incurred rather than when paid.
• amortization: the gradual reduction of a debt or intangible asset over time.
• depreciation: the allocation of an asset's cost over its useful life.
• reconciliation: the process of comparing records to verify financial accuracy.
• benchmark: a standard used to evaluate financial performance.
• fund: a pool of money established for a specific purpose.