4.01 Key Terms Crossword Puzzle

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Across
  1. 2. statement A financial summary with estimates as to when, where, and how much money will flow into and out of a business.
  2. 4. A summary of accounting information.
  3. 5. Finance activity involving making decisions about financing
  4. 7. The process of keeping financial records.
  5. 10. Anything of value that a business owns.
  6. 12. An individual who has had specialized training in accounting procedures.
  7. 13. Finance activity involving making decisions about a firm’s investments.
  8. 14. The total value of the business.
  9. 16. A sum of money paid to an investor or stockholder as earnings on an investment.
  10. 17. Decisions that determine which projects a business will invest in, how the investment(s) will be financed, and whether to pay dividends to shareholders.
  11. 18. Money received by a business or an individual from outside sources.
Down
  1. 1. Debts that the business owes.
  2. 3. The amount an owner has invested in the business plus or minus profits and losses.
  3. 6. A financial summary that shows how much money the business has made or has lost; also called the profit-and-loss statement.
  4. 8. Rules that accountants must follow when preparing financial statements.
  5. 9. A financial statement that captures the financial condition of the business at that particular moment.
  6. 10. A process or series of steps that businesses complete to maintain their financial records effectively
  7. 11. The monies that a business spends; also called expenditures.
  8. 15. In business, the function that involves all money and money management matters.