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BMII/501
FI-579
| Question | Answer |
|---|---|
| Accounts payable | money a company owes |
| Accounts retrievable | Money that is owed to the company |
| Acquire | to buy or to obtain |
| Assets | Resources owned by a business or an individual |
| Budget | An estimate of income and expenditures over a certain period of time |
| Consistent | Unchanging |
| Data | Facts and figures |
| financial statements | records that show a business's financial activities |
| Income statements | A financial record that measures a company's performance during a certain period of time |
| Information | Knowledge and facts in useful form |
| Neutral | Impartial, Unbiased |
| Relevant | Appropriate to the matter at hand |