Business Math Unit 6 Vocabulary

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Across
  1. 7. rules, standards, and practices for reporting financial information
  2. 10. a financial statement that reports a company’s assets, liabilities, and shareholder equity at a specific point in time
  3. 12. a payment based on profit
  4. 15. (1) the study of how many is managed, and (2) the actual process of getting the needed funds
  5. 16. raising money through small donations, generally through the internet
  6. 17. the process of setting financial goals and developing plans to reach them
  7. 18. the time that a business summarizes accounting information for and prepares reports
Down
  1. 1. the funds a business has left after the debts are paid
  2. 2. a personal retirement account created by an individual
  3. 3. difference in the projected cost and the actual cost
  4. 4. a fund in which money is pooled with other investors to create more buying power
  5. 5. a method of analyzing the impact that cost and volume have on profit
  6. 6. a person who invests in a business, usually when it is starting up, and provides a one-time supply of cash
  7. 8. a collection of securities and assets
  8. 9. the process of managing the financial resources of a business
  9. 11. official review of financial resources
  10. 13. an investor who is willing to fund new business or those seeking to expand in exchange for a healthy share of the profits
  11. 14. the action of keeping financial accounts