Chapter 1: Introduction to Accounting
Across
- 3. Stakeholders rely on financial reports for decisions
- 6. Accounting provides information for decision making
- 8. Enforce tax regulations
- 10. Supply goods or provide services to the business
- 12. People with an interest or concern in a business
- 13. Not letting bias or conflict of interest affect judgement
- 15. Accounting information must be timely relevant and credible
Down
- 1. A business that provides services instead of selling goods
- 2. Accountants act as stewards of the business
- 4. Buy goods or engage services from the business
- 5. Lend money and expect repayment with interest
- 7. Contribute capital and expect profit distribution
- 9. A business that buys goods from suppliers and sells them to customers
- 11. Being honest and straightforward in professional relationships
- 14. Accountants set up the accounting information system