Relacionar Columnas Accounting Financial TermsVersión en línea Vocab Review por Sylvia Duran 1 assets 2 income statement 3 GAAP 4 liabilities 5 balance sheet 6 horizontal analysis 7 accounting 8 fixed costs 9 FASB 10 owner's equity 11 financial accounting 12 statement of cash flows 13 activity based costing analysis of financial statements that compares account values reported on these statements over two or more years to identify changes and trends resources owned by a firm a technique to assign product costs based on links between activities that drive costs and the production of specific products costs that remain the same when the level of production changes within some relevant range the financial statement that reports the revenues, expenses, and net income that resulted from a firm's operations over an accounting period claims that outsiders have against a firm's assets the branch of accounting that prepares financial statements for use by owners, creditors, suppliers, and other external stakeholders generally accepted accounting principles a financial statement that reports the financial position of a firm by identifying and reporting the value of the firm's assets. liabilities, and owner's equity a system for recognizing, organizing, analyzing, and reporting information about the financial transactions that affect an organization the financial statement that identifies a firm's sources and uses of cash in a given accounting period the claims a firm's owners have against their company's assets Financial Accounting Standards Board
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