Choose the appropriate letter to match the term and the definition. match these Question 2 options: Income Statement Unit of Measure Assumption Financing Activities Retained Earnings Investors Operating Activities Audit Balance Sheet 1. An example of external users of financial statements. 2. A procedure by which independent evaluators assess the accounting procedures and financial reports of a company. 3. A financial statement showing a company's assets, liabilities and stockholders equity. 4. Activities directly related to running the business to earn profit. 5. The idea that a company should report its financial data in the relevant currency. 6. The cumulative total amount of profits that have been kept by the company. 7. Transactions with lenders (borrowing and repaying cash) and stockholders (selling company stock and paying dividends). 8. A financial statement that shows a company's revenues and expenses.
Choose the appropriate letter to match the term and the definition. match these Question 2 options: Income Statement Unit of Measure Assumption Financing Activities Retained Earnings Investors Operating Activities Audit Balance Sheet 1. An example of external users of financial statements. 2. A procedure by which independent evaluators assess the accounting procedures and financial reports of a company. 3. A financial statement showing a company's assets, liabilities and stockholders equity. 4. Activities directly related to running the business to earn profit. 5. The idea that a company should report its financial data in the relevant currency. 6. The cumulative total amount of profits that have been kept by the company. 7. Transactions with lenders (borrowing and repaying cash) and stockholders (selling company stock and paying dividends). 8. A financial statement that shows a company's revenues and expenses.
Choose the appropriate letter to match the term and the definition. match these Question 2 options: Income Statement Unit of Measure Assumption Financing Activities Retained Earnings Investors Operating Activities Audit Balance Sheet 1. An example of external users of financial statements. 2. A procedure by which independent evaluators assess the accounting procedures and financial reports of a company. 3. A financial statement showing a company's assets, liabilities and stockholders equity. 4. Activities directly related to running the business to earn profit. 5. The idea that a company should report its financial data in the relevant currency. 6. The cumulative total amount of profits that have been kept by the company. 7. Transactions with lenders (borrowing and repaying cash) and stockholders (selling company stock and paying dividends). 8. A financial statement that shows a company's revenues and expenses.
Choose the appropriate letter to match the term and the definition.
match these
Question 2 options:
Income Statement
Unit of Measure Assumption
Financing Activities
Retained Earnings
Investors
Operating Activities
Audit
Balance Sheet
1.
An example of external users of financial statements.
2.
A procedure by which independent evaluators assess the accounting procedures and financial reports of a company.
3.
A financial statement showing a company's assets, liabilities and stockholders equity.
4.
Activities directly related to running the business to earn profit.
5.
The idea that a company should report its financial data in the relevant currency.
6.
The cumulative total amount of profits that have been kept by the company.
7.
Transactions with lenders (borrowing and repaying cash) and stockholders (selling company stock and paying dividends).
8.
A financial statement that shows a company's revenues and expenses.
Definition Definition Assets available to stockholders after a company's liabilities are paid off. Stockholders’ equity is also sometimes referred to as owner's equity. A stockholders’ equity or book value generally includes common stock, preferred stock, and retained earnings and is an indicator of a company's financial strength.
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