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

Question:

Match each definition with its related term or abbreviation by entering the appropriate letter in the space provided.
Term or Abbreviation
(1) SEC
(2) Audit
(3) Sole proprietorship
(4) Accounting
(6) Accounting entity
(7) Publicly traded
(9) FASB
(11) CPA
(12) Unit of measure
(13)
Definition
A. A system that collects and processes financial information about an organization and reports that information to decision makers.
B. Measurement of information about an entity in terms of the dol¬lar or other national monetary unit.
C. An unincorporated business owned by two or more persons.
D. The organization for which financial data are to be collected (separate and distinct from its owners).
E. An incorporated entity that issues shares of stock as evidence of ownership.
F. An examination of the financial reports to ensure that they rep¬resent what they claim and conform with generally accepted accounting principles.
G. Certified public accountant.
H. An unincorporated business owned by one person.
I. A report that describes the auditor's opinion of the fairness of the financial statement presentations and the evidence gathered to support that opinion.
J. Securities and Exchange Commission.
K. Financial Accounting Standards Board.
L. A company with stock that can be bought and sold by investors
on established stock exchanges.
M. Generally accepted accounting principles.
Audit Report
The audit report is issued by a certified public accountant who is appointed by the shareholders to provide assurance upon the truth and fairness of the financial statements prepared by the managers of the company. Audit report contains the... GAAP
Generally Accepted Accounting Principles (GAAP) is the accounting standard adopted by the U.S. Securities and Exchange Commission (SEC). While the SEC previously stated that it intends to move from U.S. GAAP to the International Financial Reporting Standards (IFRS), the... Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may... Partnership
A legal form of business operation between two or more individuals who share management and profits. A Written agreement between two or more individuals who join as partners to form and carry on a for-profit business. Among other things, it states...