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Accounting Unit 1 ESP319 vocabulary

Total questions: 18

Worksheet time: 18mins

Name
Class
Date
1.

Analyst

a)

A person in a brokerage house, bank trust dept., or mutual

fund group who studies a number of companies.

b)

A Professional who maintains and audits business

accounts.

c)

The professional opinion of an accountant regarding the results of an audit.

2.

Account receivable

a)

A system that provides quantitative information about

finances.

b)

The accounts in which credit purchases are recorded.

c)

The accounts in which credit sales are recorded.

3.

Accountant

a)

A person in a brokerage house, bank trust dept., or mutual

fund group who studies a number of companies.

b)

A Professional who maintains and audits business

accounts.

c)

The professional opinion of an accountant regarding the results of an audit.

4.

Assure

a)

Ask (for something); refer (a word or name) to a person or thing.

b)

Buy or sell recommendations on the securities of particular

companies and industry groups.

c)

Inform positively and with certainty and confidence.

5.

Accounts payable

a)

Ask (for something); refer (a word or name) to a person or thing.

b)

The accounts in which credit sales are recorded.

c)

The accounts in which credit purchases are recorded.

6.

Accounting Software

a)

A computer program that records and organizes financial

information.

b)

A person in a brokerage house, bank trust dept., or mutual

fund group who studies a number of companies and makes

buy or sell recommendations on the securities of particular

companies and industry groups.

c)

A document that shows a company’s assets, liabilities, and

equity at a certain point in time.

7.

Accounting

a)

The professional opinion of an accountant regarding the results of an audit.

b)

A system that provides quantitative information about

finances.

c)

The accounts in which credit purchases are recorded.

8.

Audit opinion

a)

A person in a brokerage house, bank trust dept., or mutual

fund group who studies a number of companies.

b)

The professional opinion of an accountant regarding the results of an audit.

c)

A Professional who maintains and audits business

accounts.

9.

Apply

a)

Inform positively and with certainty and confidence.

b)

The accounts in which credit sales are recorded.

c)

Ask (for something); refer (a word or name) to a person or thing.

10.

Asset

a)

Something of value that a company owns.

b)

A system that provides quantitative information about

finances.

c)

The accounts in which credit sales are recorded.

11.

Bookkeeper

a)

An accountant specializing in a company’s tax affairs.

b)

Administrative staff responsible for processing the record of a business’s financial activities.

c)

Manages the company´s financial plans.

12.

Tax accountant

a)

Person in charge of the staff responsible for giving administrative support to the Finance department.

b)

Accountants who are studying for professional examinations.

c)

An accountant specializing in a company’s tax affairs.

13.

Budget analyst

a)

Person in charge of the staff responsible for giving administrative support to the Finance department.

b)

An accountant specializing in a company’s tax affairs.

c)

Manages the company´s financial plans.

14.

Financial advisor

a)

Helps the company to make smart investments.

b)

Manages the company's financial plans.

c)

An accountant specializing in a company’s tax affairs.

15.

External auditor

a)

Employees of a company who are responsible for inspecting the company’s accounts.

b)

Helps the company to make smart investments.

c)

People employed by an outside firm of accountants and hired by a company to inspect its accounts.

16.

Trainee accountant

a)

Administrative staff responsible for processing

the record of a business’s financial activities.

b)

Accountants who are studying for professional examinations.

c)

Employees of a company who are responsible for inspecting the company’s accounts.

17.

Back-office manager

a)

Employees of a company who are responsible for inspecting the company’s accounts.

b)

People employed by an outside firm of accountants and hired by a company to inspect its accounts.

c)

Person in charge of the staff responsible for giving administrative support to the Finance department.

18.

Internal auditor

a)

Employees of a company who are responsible for inspecting the company’s accounts.

b)

Accountants who are studying for professional examinations.

c)

Helps the company to make smart investments.