FIN-CROSS

3. The ability of a customer to obtain goods or services before payment
10. Exact point when a business's income equals its expenses
12. _____ cost is not part of producing a good or service
13. A failure to pay a loan or other debt obligation
14. A check by an auditor or tax official on your financial records
16. Limiting risk in financial assets is done through
18. Indicator of how quickly an asset can be turned into cash for full market value
19. Interest on interest is also called ___ interest
20. Fixed costs associated with operating a business

1. Money that a business spends
2. It is an asset that is offered to the lender as security in lieu of a loan
4. A new loan which helps to pay off an existing one
5. Record now, Pay now or later system
6. Intangible asset's cost is spread across time via
7. Distribution of money to owners of an organization is called
8. A list of future financial transactions
9. Financing your business idea through donations of money from the public
11. The difference between the selling price of a good or service and the profit
15. A document to a customer to request payment for a good or service received
17. An intangible asset that represents the value of a business's reputation