Match Each Term with Its Definition

question 22

Multiple Choice

Match each term with its definition.
-Money put into a bank account,increasing the balance

• A)ABA number
• B)agent
• C)ATM
• D)bank statement
• E)cashier's check
• F)certified check
• G)check register
• H)checking account
• I)currency
• J)deposit

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Definitions:

Horizontal Analysis

Horizontal analysis is a financial analysis technique that compares historical financial data across different periods to identify trends and changes over time.

Balance Sheet

A report detailing a company's assets, liabilities, and equity owned by shareholders at a certain moment.

Income Statement

A report detailing a company's financial activities, including income, outgoings, and net earnings or deficits, over a particular period of time.

Statement of Cash Flows

A financial statement that outlines the cash inflows and outflows from operating, investing, and financing activities, helping to assess a company's liquidity.