Match the Terms with the Definitions

question 90

Multiple Choice

Match the terms with the definitions.

-Specializes in cash,payroll,accounts receivable,accounts payable,inventory,or purchases.

• 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:

Users

Individuals or entities that utilize or interact with a system, product, or service.

Statement of Cash Flows

A financial report that shows how changes in balance sheet and income affect cash and cash equivalents, breaking the analysis down to operating, investing, and financing activities.

Activities Reported

A summary or record of actions, events, or operations that have taken place within a specific period.

Balance Sheet

A financial statement that summarizes a company's assets, liabilities, and shareholders' equity at a specific point in time, providing insight into what the company owns and owes as well as the amount invested by shareholders.