4.01 key terms activity

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Across
  1. 3. of assets: An Investment decision
  2. 6. A sum of money paid to an investor or stockholder as earnings on an investment
  3. 7. statement: Reports showing the financial condition of a business
  4. 9. flow statement: A financial summary with estimates as to when, where, and how much money will flow into and out of a business
  5. 11. of funds: A financing decision
  6. 12. equity: The amount an owner has invested in the business plus or minus profit and losses
  7. 13. Anything of value that a business owns
  8. 14. sheet: A financial statement that captures the financial condition of the business at that particular moment.
  9. 16. The process of keeping financial records
  10. 17. standards: Rules that accountants must follow when preparing financial statements
  11. 18. The monies that a business spends; also called a expenditures
Down
  1. 1. investment decisions: A long term growth strategy
  2. 2. Function involving money management matters
  3. 4. statement: A financial summary that shows how much money the business has made or has lost; also called the profit - and - loss statement
  4. 5. Debts that the business owes
  5. 8. Money received by a business or an individual from outside sources
  6. 10. An individual who has had specialized training in accounting procedures
  7. 15. cycle: The analysis of financial transactions