A fiscal year usually refers to an accounting year that does not end on December 31. (The accounting year of January 1 thrugh December 31 is usually referred to as a calendar year.) Some examples of the fiscal years used by U.S. corporations include:
Reference: Accounting Coach - Fiscal Year.
In Lean Six Sigma, flow is the term used to refer to a production or service environment that continuously moves value through the value stream without interruptions. An environment that has flow would have very low levels of muda, muri and mura.
A functional layout is a workplace configuration in which operations/processes are organized by the type of work (function) rather than using a cellular or value stream approach. A functional layout can also be described as a structure of operations/processes based on a department's specialty (e.g. planning, production control, engineering, saw, lathe, mill). Functional layouts apply to both office and manufacturing environments.