4.01 Key Terms

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Across
  1. 3. Someone that specializes in accounting procedures
  2. 6. Money that is received by a business in exchange for their labor/products
  3. 8. A sequence of events that includes steps toward
  4. 12. An obtaining of funds, sometimes to buy another company
  5. 16. The document that explains a business's financial condition at a specific moment
  6. 17. Rules that accountants have to follow when making financial statements
  7. 18. Portion of a business's money that is paid to shareholders
  8. 19. A decision to make an expense that promotes long-term growth
Down
  1. 1. Total value of a company
  2. 2. A company's financial statements that shows profit/loss over time
  3. 4. A summary of financial information put into a form that is easy to understand
  4. 5. The process of keeping financial records
  5. 7. A financial summary estimating how much money will move in/out of a business
  6. 9. Total property for which a financial institution provides admin services
  7. 10. The amount of something the owner has invested in the business
  8. 11. Anything of value that a business owns
  9. 13. Debts that a business owes
  10. 14. Management of money by a business
  11. 15. The cost to keep operations running in a business