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Match the Terms with the Definitions

Question 14

Multiple Choice

Match the terms with the definitions.
-A type of ownership structure in which stockholders own the business. The owners' risk is usually limited to their initial investment and they usually have very little influence on the business decisions.


A) accountant
B) accounting
C) accounting clerk
D) analyzing
E) auditing
F) bookkeeper
G) budgeting
H) Certified Public Accountant
I) classifying
J) controller
K) corporation
L) cost accounting
M) financial accounting
N) generally accepted accounting principles
O) internal auditing
P) interpreting
Q) manufacturing business
R) merchandising business
S) para-accountant
T) partnership
U) recording
V) reporting
W) service business
X) sole proprietorship
Y) summarizing
Z) tax accounting

Correct Answer:

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