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Vocabulary Exercise

  1. An accounting helps … the activity of a business.

  2. Do you know the effect of you last … on financial condition of the firm.

  3. Accounting records provide … for stockholders, independent analysts.

  4. The second type of ratio helps the company … its current financial position.

  5. is one of the two main records which most of the businesses prepare regularly.

  6. The … of the company includes real estate in California.

  7. I am sure of the … of this transaction.

  8. Our company’s current … is very high.

  9. They … from the association with that corporation.

  1. to profit

  2. profit

  3. efficiency

  4. ownership

  5. to evaluate

  6. transaction

  7. data

  8. income statement

  9. to measure