Match each definition with its related term or abbreviation by entering the appropriate letter in the space provided.

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Term or Abbreviation Definition 1. SEC A. A system that collects and processes financial informa- 2. Investing activities tion about an organization and reports that information to decision makers. 3. Private company 4. Corporation 5. Accounting 6. Partnership 7. FASB 8. Financing activities 9. Unit of measure I0. GAAP B. Measurement of information about a business in the monetary unit (dollars or other national currency). C. An unincorporated business owned by two or more persons. D. A company that sells shares of its stock privately and is not required to release its financial statements to the public. E An incorporated business that issues shares of stock as II. Public company evidence of ownership. F. Buying and selling productive resources with long lives. G. Transactions with lenders (borowing and repaying 12. Operating activities cash) and stockholders (selling company stock and paying dividends). H. Activities directly related to running the business to earn profit Securities and Exchange Commission. Board J. Financial Accounting Standards K. A company that has its stock bought and sold by investors on established stock exchanges L Generally accepted accounting principles.