Across
- 2. interested in the financial statement to determine whether to acquire ownership in the firm
- 8. the direct user of accounting that asks questions like "Has the business improved?"
- 10. provides a management plan of a future operation as well as a summary to compare the accomplishments and the plan
- 11. reports the revenues earned by a company as well as the expenses incurred in those revenues
- 14. needs accounting information to regulate the firm’s activities and determine the basins for taxation policies
- 15. systematic and chronological recording of financial transactions
- 16. a financial report of a given date that reflects the companies' financial position
- 17. the father of modern accounting
- 18. are interested in information to enable them to assess the ability of the firm to provide remuneration and other benefits
- 19. phase of accounting where the data recorded are summarized through financial statements
- 20. determining, and controlling costs in producing a product or service
Down
- 1. phase of accounting where items are sorted and grouped
- 3. the language of business
- 4. accounting job done by private business enterprises
- 5. asks questions such as“What are the resources of the business? How much are its debts? and etc
- 6. ask questions like “Can the business meet its obligations?” before granting loans
- 7. is a public accounting service that examines, tests, and checks the accuracy of the reports and financial data of the report
- 9. Faculty members in Accounting in various colleges and universities are CPA's
- 12. a public accounting service that deals with tax returns (preparing and filling)
- 13. professional services rendered by CPA's and his employees to the public for a fee