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Chapter 1 Accounting
| Question | Answer |
|---|---|
| accountant | A person who handles a broad range of responsibilities, makes business decisions, and prepares and interprets financial reports. |
| accounting clerk | An entry-level job that can vary from specializing in one part of the system to doing a wide range of tasks. |
| audit | The review of a company’s accounting systems and financial statements to confirm that they follow generally accepted accounting principles. |
| certified public accountant (CPA) | A licensed professional who has met certain education and experience requirements and passed a national test. |
| for-profit business | A business that operates to earn money for its owners. |
| lifestyle | The way a person uses time, energy, and resources. |
| networking | Making contacts with people to share information and advice |
| not-for-profit organization | Making contacts with people to share information and advice |
| personal interest tests | Tests that help individuals to identify their preferences and to match interests to potential careers. |
| personality | A set of unique qualities that makes a person different from all other people. |
| public accounting firm | A business that provides a variety of accounting services including the independent audit. |
| skills | The activities that a person does well. |
| values | The principles a person lives by and the beliefs that are important to the person. |
Created by:
xmyers25
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