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Accounting Chapter 1

Accounting Chapter 1 Vocab

TermDefinition
Skills Activities you do well.
Values Principles you live by and the beliefs that are important to you.
Lifestyle The way you use your time, energy, and resources.
Personality A set of unique qualities that makes us different from other people.
Personal Interest Test Helps you identify your preferences
Networking Making contacts with people to share information and advice.
Accountant Handles broad range of responsibilities, makes nosiness decisions
Accounting Clerk Entry level job that can vary from specializing in one part of the system to doing wide range of tasks.
For-profit business Operate to earn money for their own owners.
Non-profit organizations Operate for purposes other than their own benefit.
Public accounting firms provide clients a verity of accounting services a independent audit.
Audit Is a review of a company's accounting systems and financial statements to confirm they follow generally accepted accounting principles.
CPA (Certified public accountant) A accountant who has met certain education and experience requirements and passed a national test.
Created by: Jdegolier16