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