AG Business Vocub

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Across
  1. 5. is any person or other entity (such as a firm or mutual fund) who commits capital with the expectation of receiving financial returns.
  2. 8. The amount of money owed by a firm to others for goods or services bought on credit and for which payment is to be made before the end of the current accounting period
  3. 9. an accounting method used to allocate the cost of a tangible or physical asset over its useful life or life expectancy
  4. 12. a type of credit in which a sum of money is lent to another party in exchange for future repayment of the value or principal amount.
  5. 13. whether tangible or not tangible, that will benefit the company for more that one year.
  6. 14. an economic principle referring to a consumer's desire to purchase goods and services and willingness to pay a price for a specific good or service.
  7. 15. a useful or valuable thing, person, or quality.
  8. 16. document setting out a business's future objectives and strategies for achieving them
  9. 17. The process of making predictions based on past and present data and most commonly by analysis of trends.
Down
  1. 1. Current liabilities are a company's short-term financial obligations that are due within one year or within a normal operating
  2. 2. a cost that does not change with an increase or decrease in the number of goods or services produced or sold.
  3. 3. wealth in the form of money or other assets owned by a person or organization or available or contributed for a particular purpose such as starting a company or investing
  4. 4. an estimate of income and expenditure for a set period of time.
  5. 6. an individual who creates a new business, bearing most of the risks and enjoying most of the rewards. The process of setting up a business is known as entrepreneurship. The entrepreneur is commonly seen as an innovator, a source of new ideas, goods, services, and business/or procedures.
  6. 7. the state of being responsible for something, especially by law.
  7. 10. a statement of the assets, liabilities, and capital of a business or other organization at a particular point in time, detailing the balance of income and expenditure over the preceding period.
  8. 11. to a long-term tangible piece of property or equipment that a firm owns and uses in its operations to generate income.