Revision

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Across
  1. 5. initial offering of shares
  2. 7. a secondary market for buying and selling shares
  3. 8. when the variance is adverse
  4. 12. this partnership has no limited liability
  5. 14. capital used for expansion
  6. 18. free trading of goods and services
  7. 20. accounting used by external agents
  8. 21. agencies that provide a service to the population
Down
  1. 1. agencies that focus on maximizing profit
  2. 2. capital used to establish a business
  3. 3. companies with global branches
  4. 4. accounting used for internal operations
  5. 6. a business that sells shares to the public
  6. 9. a disadvantage of a sole trader
  7. 10. interdependence and interconnectness of countries
  8. 11. capital used in the day to day operations
  9. 13. difference between actual and expected budget
  10. 15. when the variance is positive
  11. 16. long term capital
  12. 17. balance after expenses are removed from gross profit
  13. 19. balance after cost is removed from net sales