Directions: Match the following terms with their definition:

a) Asset

b) Generally Accepted Accounting Principles

c) Shareholders Equity

d) Dividends

e) The Account

f) Current Assets

g) Liquidity

h) Time-Period Assumption

i) Triple Bottom Line

j) Partnership

_____1. Companies focused on financial performance, environmental performance and social performance.

_____2. Economic resources controlled by the business.

_____3. An individual record of the increases and decreases in asset/liabilities/equity.

_____4. Measure of how easily an asset can be turned to cash.

_____5. The guidelines for financial reporting.

_____6. The assets a company plans to turn into cash in the next year.

_____7. The owners claims to the assets of a company.

_____8. A voluntary association of two or more persons for the purpose of conducting business.

_____9. Means the life of a business is split up into meaningful time periods.

_____10. Distribution of earnings to shareholders.