Finance Cluster Crossword

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Across
  1. 7. A data-mining technique that uses a decision tree that requires a series of decisions
  2. 8. The amount spent to acquire or upgrade an asset that will increase the efficiency of the production or operations of a business for the long term.
  3. 9. A strategy in which an insurance risk is shifted to another party (the insurer) by means of an insurance policy.
  4. 10. The process of buying and storing materials and products while controlling costs
  5. 13. A cost that a business has incurred, but cannot recover.
  6. 14. Combining assets, equity, liabilities and operating accounts of a business and its subsidiaries into one financial statement OR combining two or more businesses through the purchase, merger or ownership transfer to create a new business
  7. 15. A data-mining technique that takes a numerical dataset and develops a mathematical formula that fits the data
Down
  1. 1. The joining of two or more unique factors or phenomena, such as technologies. For example, the development of a smartphone was the convergence of telecommunications and internet technologies.
  2. 2. Information provided regarding an investment instrument issued by a corporation, government or other organization that demonstrates whether it is debt or equity
  3. 3. The increase of an amount of money due to interest earned over time or dividends paid
  4. 4. A system that monitors an individual, business or other organizations financial standing. This includes recording and verifying financial information to determine a profit or loss for a given time period as well as the value of assets, liabilities and owners’ equity
  5. 5. A decision making tool that compares the cost of an activity versus the benefits of the activity
  6. 6. A person or business that owes money, goods or services to another.
  7. 11. An examination of an organization’s financial statements by an independent accountant, not affiliated with the organization
  8. 12. A strategy in which an entity sets aside a sum as a protection against a probable loss, instead of transferring the risk by purchasing an insurance policy