Match Each Definition with the Correct Term Below

question 145

Short Answer

Match each definition with the correct term below.

-Audit
A.The group of people who are responsible for ensuring that a company meets its goals of profitability and liquidity.
B.A unit of ownership in a corporation.
C.The inflows and outflows of cash into and out of a business.
D.An information system that measures,processes,and communicates financial information about an economic entity.
E.A set of practices that has been developed to provide guidelines for financial accounting.
F.The value of one currency in terms of another.
G.The government body that regulates the issuing,buying,and selling of stocks in the United States.
H.The ability to earn enough income to attract and hold investment capital.
I.The oversight of a corporation's management and ethics by its board of directors.
J.The accumulated earnings generated by a business's income-producing activities less amounts that have been paid out to the stockholder's.
k.KEconomic events that affect a business's financial position.
L.An examination of a company's financial statements and the accounting systems,controls,and records that produced them.

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Definitions:

Degradable Wastes

Wastes that can break down into less harmful components over time through biological processes.

Dissolved Oxygen

The amount of oxygen gas dissolved in water, essential for the respiration of aquatic life.

Sewage Treatment

A process of removing contaminants from wastewater, primarily from household sewage, to produce an effluent that is suitable for discharge or reuse.

Toxic Chemicals

Substances that cause harm to living organisms through chemical reactions or other processes.