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Crossword Puzzle
Crossword Puzzle

Heredia Textiles Crossword Essentials

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Heredia Textiles Crossword Essentials
 

Crossword Puzzle

Heredia Textiles Crossword EssentialsOnline version

Key terms from the Heredia Textiles case.

by Angie Monsalve
1

Mandatory change from physical accounting books to computerized financial management systems

2

Closing procedure where all financial data is summarized, balances are reconciled, and results are prepared for the reporting period

3

The result of subtracting the cost of goods or services sold from total revenue over a three-month period

4

The managerial objective of ensuring that the financial results of the two different accounting systems match accurately, overcoming the differenc

5

The estimated residual value subtracted from the acquisition cost of the asset before calculating the periodic expense

6

the period of time in which a product, active ingredient, is expected to function optimally, safely and effectively

7

A document detailing an employee's salary, including gross income and any deductions made for taxes and social security, to reflect the final net pay.

8

Essential supplies

9

The numerical concept widely used to express sales volume and workforce proportions

10

mathematical measure that represents a part of a whole, divided into 100 equal units, and is expressed as a fraction of 100 or a decimal

11

The traditional methodology of recording transactions by hand in accounting and subsidiary books until the acquisition of the computer system

12

The systematic allocation of the cost of a fixed asset over its estimated service period

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