Match the terms on the left with the definitions on the right:
____ 1. Accounting
____ 2. Profitability
____ 3. Liquidity
____ 4. Financing activities
____ 5. Investing activities
____ 6. Operating activities
____ 7. Financial accounting
____ 8. Management accounting
____ 9. Ethics
____ 10. Fraudulent financial reporting
a. The process of producing accounting information for the internal use of a company’s management
b. Having enough cash available to pay debts when they are due
c. Activities management engages in to obtain adequate funds for beginning and continuing to operate a business
d. The process of generating and communicating accounting information in the form of financial statements to decision makers outside the organization
e. Activities management engages in to spend capital in ways that are productive and will help a business achieve its objectives
f. The ability to earn enough income to attract and hold investment capital
g. An information system that measures, processes, and communicates financial information about an identifiable economic entity
h. The intentional preparation of misleading financial statements
i. Activities management engages in to operate the business
j. A code of conduct that applies to everyday life

  • CreatedSeptember 10, 2014
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