Question of
Match each term or phrase to its description below.
a Assets Liabilities Stockholders' Equity.
b An individual who has met certain criteria and is thus allowed to perform audits of
corporations.
c Payments of cash from a corporation to its stockholders.
d The cost of assets cc med or services used in the process of generating revenues.
e Amounts owed to creditors in the form of debts and other obligations.
f A section of the annual report that presents management's views on the company's
ability to pay nearterm obligations, its ability to fund operations and expansion,
and its results of operations.
g The amount by which expenses exceed revenues.
h The increase in assets or decrease in liabilities resulting from the sale of goods or
the performance of services in the normal course of business.
i Regulations passed by Congress to reduce unethical corporate behavior.
j A business owned by one person.
