Match Each Definition with the Correct Term Below

question 12

Short Answer

Match each definition with the correct term below.

-Exchange rate
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:

Marginal External Cost

The additional cost incurred by society as a whole due to one more unit of a good being produced, not accounted for by the producer.

Competitive Price

The price at which a product or service is sold that is reasonably close to the prices of competing products or services in the same market.

Socially Optimal Levels

Situations or outcomes in an economy that are considered the best from the standpoint of society as a whole, often involving efficient allocation of resources.

Effluent Dumping

The discharge of pollutants or waste materials into the environment, particularly into water bodies, without adequate treatment.