Budget:

The budget is an estimate and primary financial control of every organization. Budget can be made for business, government, family, and school. A budget is an effective way of the utilization of funds.

Sales budget:

Sales budget determine the forecasting sale of the business in the coming year. Sales budget provide us information about numbers of quantity sold in units and in the dollar. It is prepared according to the requirement of the business.

Ethics:

Ethics in the accounting profession is defined as guidelines and principles. It includes laws and standards of behavior.

Stakeholder:

A stakeholder is a customer, supplies, employee, creditor, etc, who has an interest in an organization and affected by a corporation.

Product:

It is an item that has a physical attribute, which we can see, felt, touch. Every product has some cost and sold at some price.