Match the Terms with the Definitions

question 68

Multiple Choice

Match the terms with the definitions.

-Looking at events that have taken place and thinking about how they affect the business.

• A) accountant
• B) accounting
• C) accounting derk
• D) analyzing
• E) auditing
• F) bookkeeper
• G) budgeting
• H) Certified Public Accountant
• I) classifying
• J)controller
• K) corporation
• L) cost accounting
• M) financial accounting
• N) generally accepted accounting principles
• O) internal auditing
• P) interpreting
• Q) manufacturing business
• R) merchandising business
• S) para-accountant
• T) partnership
• U) recording
• V) reporting
• W) service business
• X) sole proprietorship
• Y) summarizing
• Z) tax accounting

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Definitions:

Working Capital

The difference between a company's current assets and current liabilities, indicating the short-term liquidity and operational efficiency of the business.

Net Present Value

A method used in capital budgeting to evaluate the profitability of an investment or project, based on the sum of the present values of all cash flows associated with it.

Required Rate

The minimum expected return by investors to compensate for the risks of an investment.

Fast-Food Chain

A series of restaurants offering quick service and a menu of fast food items, typically operating under the same brand name.