APPENDIX B
Finance and Accounting Terms
Match the definitions at the right with the terms they best describe.
Select 70 of these.
| Assets______________ | 1. Borrow with collateral |
| Accounting______________ | 2. What the company owns |
| Accounts payable______________ | 3. The value of an asset at disposal |
| Accrual accounting______________ | 4. A measure of receivable collection |
| AICPA______________ | 5. Costs that do not change with production volume |
| Balance sheet______________ | 6. Debt due within a year |
| Breakeven______________ | 7. An option to buy |
| Budget______________ | 8. A vehicle for investing |
| Cash flow______________ | 9. Laws that protect investors ... |
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