Bus Ch 14

A(n) ____ is an internal plan for expenses and income over a set period of time.

budget

To calculate _____, one takes net income or profit, divided by the number of stock shares outstanding.

earnings per share

____ involves the recording, measurement, and interpretation of financial information.

finance

Which of the following areas of accounting involves analyzing financial documents for fraudulent entries or financial misconduct?

forensic

____ equals revenues minus the cost of goods sold.

gross income

The ____ shows an organization's profit over a period of time.

income statement

CMA stands for:

Certified Management Accountant.

____ is the total profit or loss after all expenses, including taxes.

net income

Wages, material costs, and taxes are examples of ____.

operating expenses

Return on assets and return on equity are ____ ratios.

profitablility