Question: Name Freddie E. Moss Jr 1) Listed below are eight accounting terms. Management Accounting Accounting System Financial Accounting Internal Controls Financial Position Financial Statements Results

 Name Freddie E. Moss Jr 1) Listed below are eight accounting

Name Freddie E. Moss Jr 1) Listed below are eight accounting terms. Management Accounting Accounting System Financial Accounting Internal Controls Financial Position Financial Statements Results of Operations Financial Reporting Each of the following statements may (or may not) describe one of these terms. In the space provided, indicate the accounting term described or answer "None" if the statement does not accurately describe any of the terms. (A) Information describing the financial resources, obligations, and activities of an economic entity. (B) An entity's financial resources and obligations at a point in time. (C) Accounting information intended specifically to assist company's management. (D) The personnel, procedures, and technology used by an organization to develop accounting information and to communicate this information to decision makers. (E) An entity's financial activities over a period of time. (F) Measures used by an organization to guard against errors, waste, and fraud and to assure the reliability of accounting information. (G) A plan of financial operations for some future period. (H) A written assertion identifying, measuring, and communicating financial information about an economic entity

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!