Accounting vocabulary definitions

A document that contains information about a particular subject is called:

• Agenda

• Handout

• Adjourn

• Balance sheet

Match the concepts with their correct definition

A document showing the company’s profit or loss for a particular period of time is:

• Handout

• Balance sheet

• Income statement

• Agenda

The final line in the accounts of a company showing the total profit or loss that has been made is...

• Annual account

• Income statement

• Balance sheet

• Memo

Document that includes an introduction to the company, its objectives, mission, vision, actions carried out, budgets and conclusions.

• Annual accounts

• Accounting memo

• Income statement

• Balance sheet

Complete the sentence:

Today we are going to ___________ a meeting.

• hold

• board

• chair

Group of directors from an organization.

• Chair of the committee

• Board members

• Adjourn

How do we call the PRESIDENT of a committee?

• Chair

• Chief

• CEO

It means to start the meeting.

• Call the roll

• Adjurn the meeting

• Call to order

What does "CALL THE ROLL" mean?

• To call the attendance

• Call to start the meeting

• Call the board members