Match the Terms with the Definitions

question 74

Multiple Choice

Match the terms with the definitions.

-Deciding the meaning and importance of the information in various reports.

• 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:

Dollar Amounts

A value or quantity expressed in terms of dollars, used to denote the price, cost, or value of something.

Flexible Budgeting

A budgeting process that adjusts to different levels of operation activities or volumes.

Direct Labor

The workforce directly involved in manufacturing products or providing services, whose costs are directly assignable to the goods or services produced.

Supervisor Salaries

Compensation paid to employees who are in charge of overseeing and managing other workers.