| A | B |
|---|
| Ensuring that needed employees are available, that they are productive, paid, and satisfied with their work | human resource management |
| The people who work for the business | human resources |
| An employee who works a schedule of at least 30 hours a week | full-time employee |
| An employee that has a long-term commitment to a company | permanent employee |
| An employee hired for a specific time or to complete a specific project | temporary employee |
| An employee who works less than full-time employees by working either fewer hours each day or fewer days each week. | part-time employee |
| Direct payment to an employee for work completed | salary or wages |
| Compensation in forms other than direct payment for work | benefits |
| The total amount paid to an employee for work performed | compensation |
| The money needed to pay for the current operating activities of a business | Short-term financing |
| A written description of the business idea and how it will be carried out, including all major business operations. | business plan |
| The amount of money needed to open the business | start-up financing |
| Money needed for the important resources of a business (such as land, building, and equipment) that will last for many years. | long-term financing |
| An estimate of the actual money received and paid out for a specific time period. | Cash Budget |
| A planning tool used to anticipate sources and amounts of income and to predict the types and amounts of expenses for a specific business activity or the entire business | Business Budget |
| Reports that summarize the financial performance of a business. | Financial Statements |
| Used to record and analyze the financial performance of a business. | Financial Records |
| Describes the financial plan for the day-to-day operations of a business. | Operating Budget |
| Reports the revenue, expenses, and net income or loss of a business for a specific period of time. | Income Statement |
| Plans income and expenses of the business up to the day the business opens. | Start-up Budget |
