Financial Considerations & Legal Requirements

1234567891011121314151617181920212223242526272829303132333435
Across
  1. 4. For a business to remain profitable they must keep ___ low
  2. 6. A profit and loss statement known as a ___ statement that measures the successfulness of a business
  3. 8. ___ is a main responsibility that a federal government makes legal requirements for
  4. 9. The ___ is government entity which collects 10% tax on all business sales and purchases
  5. 10. Overseas supplies and retailers are known as a Global ___
  6. 11. The two journals called ___ books accurately manage a businesses cash flow
  7. 12. advertising ___ ___ is False or misleading representations regarding goods % services
  8. 16. ___ suppliers are a cheaper and alternative way of sourcing supplies
  9. 17. Address of a company’s website on the internet is called a ___ name which creates an online presence for the business
  10. 19. A ___ policy allows a business to operate in seclusion
  11. 23. Technology such as a ___ is used to target customers efficiently and create loyalty
  12. 25. The ___ profit is what a business makes by the end of a reporting period (this figure was recorded at the bottom of the income statement)
  13. 29. Businesses that have a fast turnover of stock often rely on quick and timely delivery from their suppliers. This allows the business to be seen as ___
  14. 30. Managing ___ what is crucial to the survival of a business
  15. 31. ___ is a check performed buy a business to ensure that internal and external finances are up to standard
  16. 32. ___ is a process of researching and selecting g suppliers, establishing payment terms, negotiating contracts and the purchasing of resources that are vital for maintaining the production of the businesses good or service
  17. 33. A method that can save time and money and can also support the local area
  18. 35. ___ is estimating the businesses financial performance for a given period in the future
Down
  1. 1. Victoria Government agency called ___ that inspects worksites and prosecuted employees if need be
  2. 2. A ___ is a broad set off guidelines that govern behaviours in a certain area within an organisation
  3. 3. An ___ is a local business that manufactures goods for overseas customers
  4. 5. A ___ policy determines what people can wear in a certain environment
  5. 7. A physical count off inventory formed at the end of the reporting period to determine an accurate value of a business’ assets is known as a ___
  6. 13. An ___ is an economic resource controlled by the entity as a result of past events that has the potential to produce future economic benefit
  7. 14. The ___ act regarding food regulations made in 1964
  8. 15. Accounts ___ holds he outstanding payments a business is owed by it’s customer
  9. 18. sheet A ___ ___ document that’s made to represent a businesses assets and financial position
  10. 20. ___ classifies sales in the income statement
  11. 21. ___ is a result of strong relationships with suppliers
  12. 22. A series of steps or actions that support a strategy is known as a ___
  13. 24. ___ is the industry with the highest fatality rate
  14. 26. ___ generates customer databases
  15. 27. The joining together of two or more businesses to form one business is called a ___
  16. 28. A local form of government known as a ___ determines the zoning laws which must be checked by a business
  17. 34. Federal, state and local create ___ requirements