Vocabulary
Process of retrieving, recording, storing and summarizing financial transactions for a business
What is Accounting?
Used to develop information for outside sources such as investors
What is Financial Accounting?
Amount earned is greater than the amount spent
What is Profit?
If someone is purchasing football tickets with city funds. What type of accountant is this?
What is Government Accountant?
An individual who owns a part of a company through stock ownership
What is Shareholder?