TACN

The money that business uses for everyday expenses or has available for spending is called ...

• working capital

• capital

• shareholder equity

• equities

Companies have to ... all relevant financial information in their annual reports.

•  verify

• disclose

• estimate

• recognize

A company's ... does not have to begin on 1 January, like calendar year.

• financial statement

• financial year

• financial analysis

• financial audit

... are the things like cash and stock that will not be in the company in 12 months.

• current assets

• fixed assets

• accelerated depreciation

• market value

... are the things like buildings and equipment that remain in the company for several years.

• current assets

• fixed assets

• market value

• accelerated depreciation

Expert accountants working for independent firms who review company's financial statements and accounting records are called

• bookkeepers

• accountants

• external auditors

• internal auditors

Company employees who check the financial statements are called

• bookkeepers

• external auditors

• internal auditors

• accountants

People who prepare a company's day-to-day accounts are called... .

• bookkeepers

• external auditors

• internal auditors

• accountants

People who prepared financial statements of a company are called

• bookkeepers

• accountants

• internal auditors

• external auditors

When people want to set up or start a company, they need money, called ...

• capital

• budget

• expenses

• profit