BAT Business Terms

______ is the process of recording financial transactions pertaining to a business. 

• Accounting

• Auditors

• Capital

_____are accountants who must certify that the company accounts prepared and signed by the board of directors.

• Profit

• Capital

• Auditors

_____is a large sum of money which you use to start a business, or which you invest in order to make more money.

• Profit

• Capital

• Invoice

A ____ is a reduction in the usual price of something.

• Discount

• Production

• Quotation

A _____ is an amount of money that you gain when you are paid more for something than it cost you to make, get, or do it.

• Export

• Profit

• Discount

A _____ is a person or business that sells goods to the public.

• Wholesaler

• Retailer

• Capital

A ______ is a person whose business is to buy a large quantity of goods, break down the goods, and sell them in smaller amount, usually to retailers

• Retailer

• Wholesaler

• Profit

_____– The process of manufacturing or growing something in large quantities.

• Production

• Invoice

• Add Note

__ is an industry (such as agriculture, forestry, or fishing) that deals in obtaining resources or materials from the environment.

• Debit Note

• Primary industry

• Import

____ are goods which are sold to another country and sent there.

• Invoice

• Import

• Exports