Financial Management

2. Sources of finance that come from the business' assets or activities
4. Finance that comes from outside the business
5. When a business makes neither a profit nor a loss
6. Occurs when the business is able to spend more than what is actually in their bank accounts.
8. This is the number of years it takes to pay back the initial cost of the project.
9. Money invested into the business by the owners
10. Business sells debt to compnay. Company pay the business most of the value of the debt and collect the money later.
12. This is money the business receives from selling the product
13. Finance received from bank
15. These are costs that remain the same for a business regardless of the amount of sales
16. Business sells these to shareholders

1. Is sourced from external financial intermediaries
3. Purchase of goods on account.
7. These costs change in direct relation to the amount of sales.
11. Paying monthly/weekly instalments for the use of equipment. The business does not own the assets at the end of the lease period.
14. Manager Responsible for planning, sourcing and controlling finances and to ensure that accurate, timely and reliable financial information is being reported.