Across
- 3. Resources owned by a firm
- 5. Incurred directly as a result of some specific cost object
- 6. Claims that outsiders have against a firm’s assets
- 8. Increases in assets that result from activities intended to earn income
- 10. Arises when a firm uses owner-supplied resources
Down
- 1. Remains the same when the level of production changes within some relevant range
- 2. Claims that a firm’s owners have against their company’s assets
- 4. Varies directly with the level of production
- 7. Result of a firm’s general operations and is not directly tied to any specific cost object
- 9. Resources that are used up as a result of business operations