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EOPA JRiley3
Entrepreneurship Pathway
| Term | Definition |
|---|---|
| Two types of Business partnerships | General and Limited |
| CFO stands for | Chief Financial Officer |
| Fair Labor Standards Act | Regulates the federal minimum wage for interstate commerce |
| Ergonomics | Study of implementing safety and comfort in the computer user's workplace |
| Funds | Amounts of money |
| Profit | The difference between revenue and expenses |
| Annual Report | A yearly statement of the financial condition, progress, and expectations of an organization. |
| Profit And Loss Account | A financial statement showing revenue, expenditure and profit during a given period |
| Asset | Anything of value owned by a business |
| Liability | Any amount owed to a creditor |