2018-01-08
543
| 1.accounting 2. accounting Entity 3. accounting period 4. audit 5. balance sheet 6. basic accounting equation 7. income statement 8. statement of cash Flows 9. Statement of retained earnings | a) a statement that reports the revenues less the expenses of the accounting period b) a statement that reports the financial position of an accounting entity at a point in time c) a system that collect and processes financial information about an organization and reports that information to decision makers d) An examination of the financial reports to assure that they represent what they claim and conform with generally accepted accounting principles e) a statement that reports in flows and out flows of cash during the accounting period in the categories of operations, investing and financing. f) assets = liabilities + Stockholders Equity g) the time period covered by the financial statements h) the organization for which financial data are to be collected i) a statement that reports how net income and the distribution of dividends affected the financial position of the company during the accounting period |
2. Выберите правильный вариант из списка слов, приведенные ниже.
| status agencies monitored maintain independently procedure fee hire rigorous solely |
1. Many accounting departments have strict entrance requirements; only the most qualified applicants are allowed to enter these programs. ____________
2. The particular method used to process employee insurance claims may vary from company to company. _____
3. The stock market is closely watched every day. ______________
4. Rather than expand into foreign lines, the dress shop manager chose to deal only with domestic fashion designers. ____________
|
|
|
5. Although the consultant's charge for services was high, his guidance and advice were well worth the money. _____________
6. The financial condition of a company is reflected in its financial statements. _____________
7. When the business began to expand, a second bookkeeper was brought in to help keeping the books. _____________
8. In the United States there are numerous organizations that provide services at the local, state, and national levels. _____________
Дайте определение следующим терминам.
1) Assets are...
2) Liabilities are...
3) Owner's equity is...
4) A balance sheet is...
5) An accounting equation is …
Тема № 9 MONEY AND ITS FUNCTIONS
Пройдите по ссылке.
Ознакомьтесь с предложенным материалом.
https://en.wikipedia.org/wiki/Money
Прочитайте и переведите текст устно..
