What is the term for the practice of ensuring that a company's financial statements are accurate and comply with regulations?

• Auditing

• Accounting

• Bookkeeping

• Financial Analysis

What is the term for the state of keeping secret or not disclosing information?

• Confidentiality

• Transparency

• Disclosure

• Publicity

Tags

CCSS.RI.11-12.10

CCSS.RI.6.10

CCSS.RI.7.10

CCSS.RI.8.10

CCSS.RI.9-10.10

What is the name of the Employee’s Withholding Allowance Certificate that tells the employer how much tax to withhold from an employee’s paycheck?

• W2

• W4

• 1099

• W-9

What is the term for a formal request for payment or reimbursement in a business context?

• Receipt

• Invoice

• Bill

• Statement

Tags

CCSS.RI.11-12.3

CCSS.RI.11-12.5

CCSS.RI.8.3

CCSS.RI.9-10.3

CCSS.RI.9-10.5

What is the name of the document that provides a summary of a company's financial performance over a specific period?

• Balance Sheet

• Cash Flow Statement

• Income Statement

• Statement of Shareholders' Equity

What is the legal document that outlines the terms of employment between an employer and an employee?

• Employment Contract

• Job Description

• Employee Handbook

• Offer Letter

Tags

CCSS.RI.11-12.3

CCSS.RI.11-12.5

CCSS.RI.8.5

CCSS.RI.9-10.3

CCSS.RI.9-10.5

What is the term for the legal obligation of an employer to provide a safe working environment for employees?

• Duty of Care

• Employee Rights

• Workplace Safety Act

• Occupational Health Standard

What is the method of settling disputes outside of court in which the parties involved agree to accept the decision of a third party?

• Arbitration

• Mediation

• Litigation

• Negotiation

Tags

CCSS.RL.2.6

CCSS.RL.8.3

What is the term for the amount of money a business has left after all expenses have been paid?

• Gross Profit

• Net Profit

• Operating Income

• Revenue

Tags

CCSS.7.RP.A.3

What is the name of the report that summarizes a company's financial position at a specific point in time?

• Income Statement

• Cash Flow Statement

• Balance Sheet

• Statement of Shareholders' Equity