Match the Term with Its Definition

question 12

Essay

Match the term with its definition.
a.Build-up LBO
b.Business broker
c.Bust-up LBO
d.Double taxation
e.Employee Share Ownership Plan
f.Harvesting
g.Initial public offering
h.Leveraged buyout
i.Management buyout
j.Opportunity cost of funds
k.Private equity recapitalisation
l.Seller financing
-A leveraged buyout in which the business's top managers become significant shareholders in the acquired business.

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Definitions:

Adjusting Entry

A journal entry made at the end of an accounting period to allocate income and expenditures to the appropriate period.

Accounting System

A systematic process of recording, summarizing, and reporting the financial transactions of a business or individual.

Saved Documents

Files that have been stored digitally or physically for future reference or record-keeping purposes.

Audit Trail

A record that traces the detailed history of financial transactions to verify their accuracy and integrity.