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Accounting Chapter 1

Quiz yourself by thinking what should be in each of the black spaces below before clicking on it to display the answer.
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Term
Definition
Skills   Activities that you do well.  
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Values   The principals you live by and the beliefs that are important to you.  
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Lifestyle   The way you use your time, energy and resources.  
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Personality   A set of unique qualities that makes us different from all other people.  
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Personal Interest Tests   Tests which help you identify your preferences.  
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Networking   Making contacts with people to share information and advice.  
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Accountant   A career that handles a broad range of responsibilities, makes business decisions, and prepares and interprets financial reports.  
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Accounting clerk   An entry-level job that can vary from specializing in one part of the system to doing a wide range of tasks.  
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For-Profit Business   Businesses who operate to earn money for their owners.  
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Not-for-Profit Organization   Businesses who operate for purposes other than making a profit.  
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Public Accounting Firms   Provide clients a variety of accounting services including the independent audit.  
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Audit   The review of a company's accounting systems abd financial statements to confirm that they follow generally accepted accounting principals.  
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Certified Public Accountant (CPA)   An accountant who has met certain education and experience requirements and passes a national test.  
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