An economic resource that is expected to be of benefit in the future. Any owned tangible or intangible object having economic value useful to the owner.
Starts with
C
A _____ is anything that a business has to pay for.
Starts with
F
A period of twelve months (not always January to December) for which a business, government, etc. plans its management of money.
Starts with
I
The charge for the use of borrowed money.
Starts with
P
_______ is any revenue left after all business costs have been paid.
Starts with
R
_______ is any money that a business makes from selling their products and services.
Starts with
T
The exact group of customers the company wants to sell its goods or services to.
Starts with
U
An estimate of the total time that an asset is usable and in service.
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