Match the Terms with the Definitions

question 8

Multiple Choice

Match the terms with the definitions.

-A type of ownership structure in which one person owns 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:

Evaluation Team

A group of individuals tasked with assessing a particular project, program, or employee performance, often to inform decision-making processes.

Analyzing Bids

The process of reviewing and comparing proposals from vendors or contractors to select the best option.

Due Diligence

It involves a comprehensive appraisal or investigation conducted to establish the assets, liabilities, and commercial potential of a business entity before financial transactions or agreements.

Transactional Work

Tasks or jobs that involve routine and standard processes where the input-output relationship is relatively direct and predictable.