4.01 Key Terms Crossword Puzzle

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Across
  1. 2. of funds: Finance activity involving making decisions about financing
  2. 4. statement A financial summary with estimates as to when, where, and how much money will flow into and out of a business.
  3. 9. A process or series of steps that businesses complete to maintain their financial records effectively
  4. 10. Anything of value that a business owns.
  5. 12. A financial summary that shows how much money the business has made or has lost; also called the profit-and-loss statement.
  6. 13. Debts that the business owes.
  7. 14. The total value of the business.
  8. 16. Rules that accountants must follow when preparing financial statements.
  9. 17. Money received by a business or an individual from outside sources.
  10. 18. The amount an owner has invested in the business plus or minus profits and losses.
Down
  1. 1. Finance activity involving making decisions about a firm’s investments.
  2. 3. A summary of accounting information.
  3. 4. Decisions that determine which projects a business will invest in, how the investment(s) will be financed, and whether to pay dividends to shareholders.
  4. 5. A financial statement that captures the financial condition of the business at that particular moment.
  5. 6. In business, the function that involves all money and money management matters.
  6. 7. The process of keeping financial records.
  7. 8. An individual who has had specialized training in accounting procedures.
  8. 11. The monies that a business spends; also called expenditures.
  9. 15. A sum of money paid to an investor or stockholder as earnings on an investment.