Match the Terms with the Definitions

question 42

Multiple Choice

Match the terms with the definitions.

-A type of ownership structure in which more than one person owns the business.

• A) accountant
• B) accounting
• C) accounting derk
• D) analyzing
• E) auditing
• F) bookkeeper
• G) budgeting
• H) Certified Public Accountant
• I) classifying
• J)controller
• K) corporation
• L) cost accounting
• M) financial accounting
• N) generally accepted accounting principles
• O) internal auditing
• P) interpreting
• Q) manufacturing business
• R) merchandising business
• S) para-accountant
• T) partnership
• U) recording
• V) reporting
• W) service business
• X) sole proprietorship
• Y) summarizing
• Z) tax accounting

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Definitions:

Brick and Mortar

Traditional physical retail outlets and buildings, as opposed to online or virtual stores.

Efficient Funds Transfer

A method of transferring money between accounts or institutions swiftly and with minimal costs, aiming to reduce transaction times.

Online Sales

The process of selling goods and services through the internet.

Retail Storage

The process or space used for the keeping and management of goods or merchandise in stores.