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Chapter 1 vocab
| Question | Answer |
|---|---|
| accountant | a professional who keeps, inspects, and analyzes financial records for people or businesses |
| accounting clerk | handles daily financial data, records transactions, and supports an organization's accounting department |
| certified public accountant (CPA) | a licensed accounting professional who has met specific education, exam, and work experience standards set by state boards of accountancy |
| for-profit business | a company that operates to earn financial gain and generate profits for its owners, founders, or shareholders |
| lifestyle | the usual way of life, habits, and behaviors that define how an individual or a group lives every day |
| networking | The practice of building mutually beneficial relationships with other professionals or companies |
| not-for-profit organization | a legal entity that funnels any extra revenue back into its specific goals or activities rather than distributing profits to owners or shareholders |
| personal interest tests | a self-report assessment that evaluates a person's likes, dislikes, and preferences for specific activities, hobbies, and work environments to match them with compatible careers |
| personality | the unique combination of thoughts, feelings, and behaviors that distinguish one person from another |
| public accounting firm | a business that provides professional financial services—such as auditing, tax preparation, and advisory consulting—to external clients including corporations, non-profits, and individuals |
| skills | the learned or innate ability to do something well and achieve a specific result with good execution |
| values | fundamental beliefs, principles, and broad preferences that guide a person's choices, attitudes, and daily actions |