Matching Pairs accounting vocabularyOnline version accounting vocabulary by marco rabadan 1 Assets 2 Cash flow 3 Balance sheet 4 Audit 5 Financial 6 Expenses 7 Revenue 8 Income statement A financial report summarizing a company's revenues, expenses, and net income over a specific period. The movement of money in and out of a business. Relating to finances or the management of money. To conduct an official examination and verification of financial records to ensure accuracy and compliance with regulations. The costs incurred by a business in order to generate revenue, including wages, rent, utilities, and supplies. A financial snapshot showing a company's assets, liabilities, and equity at a specific point in time. The income generated by a business from its normal activities, such as sales of goods or services. The resources owned by a business, such as cash, inventory, equipment, and property.