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4.01 Key Terms
Role of Finance/Accounting
| Term | Definition |
|---|---|
| accounting | keep & interpret finance rec |
| account pay | business to others |
| account receive | firm by its customers |
| aof | decision on fine |
| aoa | firms invest |
| assets | anything of value |
| cap bud | prod invest |
| cap invest de | invest finance pay |
| cap structure | debt & equity |
| cash con cycle | mats & cash |
| debt fund | money lent by a bank |
| dividend | earns |
| equity fund | money for shares |
| finance | money manage |
| financing | debt & equity |
| return on cap | cash flow |
| venture cap | new business |
| wcm | balance of assets |
| account | training |
| accounting | keep records |
| accounting cycle | steps |
| accounting stand | rules |
| accounting system | handling |
| aam | time |
| balance sheet | financial state |
| bookkeeping | record |
| cash | coins |
| cam | money flow |
| cfs | when, where, and how |
| credit | purch now pay later |
| expend | spending |
| financial account | data |
| financial state | acc info |
| expenses | expend |
| income | money |
| income state | profit-and-loss |
| investors | invest funds |
| journal | a book |
| ledger | record |
| liabilities | debts |
| man account | prep data |
| net worth | total value |
| owner equity | pro-loss |
| trans | sale |
| trial | a list |