Chapter 1: Introduction to Accounting

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