ANSWERS
Accounting - CORRECT ANSWERS The process of planning, recording, analyzing, and
interpreting financial information.
Accounts Payable - CORRECT ANSWERS All monies owed by the business to others
accounts receivable - CORRECT ANSWERS All monies owed to a firm by its customers
Acquisition of funds - CORRECT ANSWERS Finance activity involving making decisions
about financing
Administration of assets - CORRECT ANSWERS Finance activity involving making decisions
about a firm's investments
Assets - CORRECT ANSWERS Anything of value that a business or individual owns
Capital budgeting - CORRECT ANSWERS A process in which a firm's financial managers
determine which projects it should invest in
Capital investment decisions - CORRECT ANSWERS Decisions that determine which
projects a business will invest in, how the investment(s) will be financed, and whether to pay
dividends to shareholders
Capital structure - CORRECT ANSWERS A firm's mix of financing, usually some
combination of debt and equity