Differentiate between Financial Categories and Financial Items or Costs

Following is a list of examples of different items and costs associated with the key categories of a financial summary. Each category covers a different set of costs. Read each cost carefully and match it to the correct financial category under which it is covered

1. Personal Savings

2. Monthly unit amount Cell phone bill

3. Mortgage Payment

4. Trade Credit

5. Labor

6. Office equipment

7. Web development

8. Cost of Goods Sold (COGS)

• Cost of Supplies

• Unit Costs

• Sales Projections Operating Costs

• Income Statement

• Startup Investment

• Financial Strategy

• Balance Sheet

• Statement of Cash Flows