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MATCHING
Complete the following using the terms listed.
-A(n) _____ demonstrates his or her accounting knowledge by meeting state requirements for education and experience, as well as successfully completing a number of rigorous tests in accounting theory and practice, auditing, law, and taxes.
Liabilities
Financial obligations or debts that a company owes to others, which can include loans, accounts payable, mortgages, deferred revenues, and bonds payable.
Dividends Declared
Earnings designated by the board of directors of a corporation to be shared among its stockholders.
Statement Of Changes In Equity
A financial statement that details the movements in equity accounts during a specific period, including share capital, reserves, and retained earnings.
Resources
Assets or items of value owned by a company or individual, which can be used to produce goods, provide services, or generate income.
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