Choose the Appropriate Letter to Match the Term and the Definition.(There

question 1

Essay

Choose the appropriate letter to match the term and the definition.(There are more definitions than terms.)
TERM
1._____ Investors
2._____ Audit
3._____ Balance Sheet
4._____ Operating Activities
5._____ Unit of Measure Assumption
6._____ Retained Earnings
7._____ Investing Activities
8._____ Income Statement
DEFINITION
A.An example of an internal user of financial statements.
B.A financial statement showing a company's assets,liabilities and stockholders' equity.
C.When a company acquires money from investors.
D.A financial statement that summarizes a company's past and current cash situation.
E.An example of external users of financial statements.
F.The idea that the financial statements of a company include the results of only that company's business activities.
G.Activities directly related to running the business to earn profit.
H.A financial statement that shows a company's revenues and expenses.
I.Borrowing money from lenders.
J.The total amount of profits that are kept by the company.
K.The idea that a company should report its financial data in the relevant currency.
L.A procedure by which independent evaluators assess the accounting procedures and financial reports of a company.
M.Transactions with lenders (borrowing and repaying cash)and stockholders (selling company stock and paying dividends).

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Definitions:

Successorship Clause

A provision in a labor contract that ensures a union's collective bargaining agreement is honored by any new owner or operator of the business.

Union Recognition Clause

A provision in a labor contract that establishes an employer's acknowledgment of a union's legitimacy and right to represent its members.

Injunction

A legal order by a court requiring a person to do or cease doing a specific action, often used in labor disputes to restrict certain actions by parties.

Contract Violation

An act of breaking the terms or conditions outlined in a contractual agreement.