Values
Vocabulary
Accounting
Profit or Non-Profit
Accounting Acronyms
100

________ means being dependable and taking positive action, such as showing up on time.

Responsibility

100

________ is a set of unique qualities that makes us different from all other people.

Personality

100

Are CPAs licensed by state or county?

State

100

___________ operate for purpose other than making a profit

Non-profit organizations

100

What does CPA stand for?

Certified Public Accountant

200

If you especially value interacting with your friends and family, _______ are important to you.

Relationships

200

_____ are activities you do well.

Skills

200

A(n) ____________ handles a broad range of responsibilities, make business decisions, and prepares and interprets financial reports

An Accountant

200

Is the American Red Cross a profit or non-profit organziation?

Non-Profit

200

What does CFO stand for?

Chief Financial Officier

300

______ is about overcoming other fears.

Courage

300

_______ are the principles you live by and the beliefs that are important to you.

Values

300

____________ is an entry-level job that can vary from specializing in one part of the system to doing a wide range of tasks.

Accounting Clerk

300

______ organizations have the goal of balancing their income with expenses rather than earning a profit for owners and investors

Non-Profit

300

What does AP stand for?

Account Payable

400

If receiving acknowledgment and appreciation of your work is important to you, then you value ________. 

Recognition

400

_____ _____ _____ are tests that help individuals to identify their preferences and to match interests to potential careers.

Personal Interest Tests

400

_______ _________ _____ provide clients a variety of accounting services including the independent audit.

Public Accounting Firms
400

List 5 for Profit Organizations

-Amazon

-Walmart

-Kroger

-Target

-Costco

400

What does AR stand for?

Accounts Receivable

500

A career that allows you to show _______ may outweigh all the money in the world.

Compassion

500

______ is the way you use your time, energy, and resources.

Lifestyle

500

A(n) ____ is the review of a company's accounting systems and financial statements to confirm that they follow generally accepted accounting principles.

Audit

500

List 3 non-profit organizations

-American Red Cross

-Salvation Army

-Humane Society


500

What does GP stand for?

Gross Profit

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