Across
- 2. a sum of money paid regularly (typically quarterly) by a company to its shareholders out of its profits (or reserves).
- 4. sheet: A financial statement that captures the financial condition of the business at that moment.
- 8. Money received by a business or an individual from outside sources
- 9. of assets: the total assets for which a financial institution provides administrative services.
- 12. cycle: a collective process of identifying, analyzing, and recording the accounting events of a company.
- 13. of funds: the capital needed for one company to acquire another or purchase a significant share of its assets.
- 16. statement: A summary of accounting information
- 17. equity: The amount an owner has invested in the business plus or minus profits and losses.
- 19. The monies that a business spends; also called expenditures
Down
- 1. The process of keeping financial records
- 3. statement: A financial summary that shows how much money the business has made or has lost; also called the profit-and- loss statement.
- 5. the management of large amounts of money, especially by governments or large companies.
- 6. investment decisions: a long-term growth strategy.
- 7. Debts that the business owes
- 10. An individual who has had specialized training in accounting procedures
- 11. worth: The total value of the business
- 14. standards: Rules that accountants must follow when preparing financial statements
- 15. flow statement: A financial summary with estimates as to when, where, and how much money will flow into and out of a business.
- 18. Anything of value that a business owns