Definition of accounting terms The following is a list of accounting terms. Match the appropriate accounting term

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Definition of accounting terms The following is a list of accounting terms. Match the appropriate accounting term A through D to its definition 1 through 4.
A. Accounting 

B. Bookkeeping

C. Managerial accounting

D. Financial accounting


1. Area of accounting aimed at serving external users by providing them with financial statements.
2. Information and measurement system that identifies, records, and communicates information about an organization’s business activities.
3. The recording of transactions and events, either manually or electronically.
4. Area of accounting that serves the decision-making needs of internal users.

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College Accounting Ch 1-14

ISBN: 9780073346892

1st Edition

Authors: John Wild, Vernon Richardson, Ken Shaw

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