Finance and Accounting
Flashcard
•
Other
•
6th - 8th Grade
•
Hard
Wayground Content
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20 questions
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1.
FLASHCARD QUESTION
Front
A system of recording and reporting financial activity is called
Back
Accounting
2.
FLASHCARD QUESTION
Front
Things owned by a company
Back
assets
3.
FLASHCARD QUESTION
Front
Net worth of a business
Back
Owners Equity
4.
FLASHCARD QUESTION
Front
A formal examination of a company's financial records
Back
audit
5.
FLASHCARD QUESTION
Front
Money owed by a business
Back
liabilities
6.
FLASHCARD QUESTION
Front
A plan that shows what you expect to earn and spend in a certain period of time
Back
budget
7.
FLASHCARD QUESTION
Front
a written report which describes the financial health of a company
Back
financial statement
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