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Questions and Answers
Match each definition with its related term or abbreviation by selecting the appropriate term.
Match each definition with its related term or abbreviation by selecting the appropriate term.
. A system that collects and processes financial information about an organization and reports that information to decision makers. = Accounting Information that helps evaluate the company's past behavior and predict its future. = Relevant information . An unincorporated business owned by two or more persons. = Partnership The organization for which financial data are to be collected (separate and distinct from its owners). = Accounting entity
Match each definition with its related term or abbreviation by selecting the appropriate term.
Match each definition with its related term or abbreviation by selecting the appropriate term.
An incorporated entity that issues shares of stock as evidence of ownership. = Corporation An examination of the financial reports to ensure that they represent what they claim and conform with generally accepted accounting principles. = Audit Certified Public Accountant. = CPA An unincorporated business owned by one person. = Sole proprietorship
Flashcards
Capital of France (example flashcard)
Capital of France (example flashcard)
Paris
