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6.02 Vocabulary

AB
Budgetan itemized summary of estimated revenue and expenses for a given period of time.
sales budgetA forecast of the sales revenue a business expects to earn for a month, a quarter, or a year.
Merchandising budgetA prediction of the amount of its product(s) a business expects to sell over a specific time period.
Advertising budget- The forecast for the amount of money a business should spend on advertising, based on estimated sales.
Cash flow projectionAn estimate of the flow of cash coming into and going out of a company over a specific time period.
Capital budgetA financial plan used by business for replacing fixed assets or acquiring new ones.
Income statement projectionA financial plan showing projection sales, cost, expenses, and profits for specific periods of time.
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Northern Vance High School
Henderson, NC

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