resource allocation: process of distributing financial resources efficiently to achieve specific goals and objectives. coins in a

planning budgeting forecasting analysis income expenses savings investments goals strategies allocation monitoring tracking cash flow expenditures allocations financial health statements balance sheets resources debt credit assets liabilities reserves growth stability sustainability compliance taxation liquidity adjustments cycles future constraints responsibilities action plans principles priorities objectives resource allocation: process distributing efficiently achieve specific objectives coins goal setting: helps set short-term long-term providing roadmap achieving stacks