Relier Pairs Fiscal Terms Matching Game Version en ligne Family Home Provider Business Training Budgeting Slide 4 par Heather Phillips 1 Forecasting 2 Separation of Duties 3 Expenses 4 Assets 5 Liabilities 6 Revenue 7 Internal Controls 8 Fiscal Year Total amount of money collected for services or goods sold before any expenses are subtracted. Having more than one person complete a task. The process of using historical financial information to predict future business trends. Everything with an economic value a program owns. Processes that help reduce risk and provide reasonable assurance about the integrity of financial information, the effectiveness of operations, and compliance with laws. Money spend or costs incurred to run the program and earn revenue. Debts that the program is responsible for. A 12-month period of time used for tax and accounting purposes and preparing financial statements.