financial revision 0.0 / 5 ? Accountingtopic 4GCSEOCR Created by: itickleurmum2Created on: 14-10-16 21:58 Cash Banknotes and coins. 1 of 10 Cash flow All of your money coming in and money going out. 2 of 10 Gross income The income that you receive before deductions have occured 3 of 10 Informal economy Those jobs and payments received that are not formally registered as 'working', and so are difficult to quantify. 4 of 10 Multiplier effect The impact of one financial decision on another, which in turn has an impact on someone or something else. 5 of 10 Shares Investments that represent part-ownership of a company. 6 of 10 State pension A payment made by the government to those who are retired. 7 of 10 Targeted benefit A payment made by the government only to specific groups of people who fulfill certain criteria. 8 of 10 Universal benefit A payment made by the government to everyone in a certain circumstance. 9 of 10 Windfall A large amount of money that is won or otherwise received unexpectedly. 10 of 10
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