Examlex
Match each definition with the correct term below.
-Management
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.
Operating Cash Inflow
Cash generated from a company's normal business operations.
Straight-Line Depreciation
A method of allocating the cost of a tangible asset over its useful life in equal annual amounts, making it the simplest depreciation method.
After-Tax Discount
The reduction in price or value of an item after taxes have been factored into its cost.
Income Tax Rate
The percentage of income that is paid to the government as tax. It can vary depending on the income level and jurisdiction.
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