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A movement from point C to point A in Figure 1.4 results in
Financial Plan
A comprehensive evaluation of an individual's or organization's current and future financial state by using currently known variables to predict future income, asset values, and withdrawal plans.
Funds
Financial resources set aside for a specific purpose or allocated to particular entities or projects.
Financial Plan
A comprehensive evaluation of an individual's or organization's current pay and future financial state by using currently known variables to predict future income, asset values, and withdrawal plans.
Additional Assets
Assets acquired by a business or individual that augment the existing resources, often enhancing operational capacity or value.
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