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MATCH THE TERMS IN COLUMN A WITH THE STATEMENTS IN COLUMN B . STATE THE LETTER OF THE CORRECT ANSWER. USE THE TABLE ON PAGE

MATCH THE TERMS IN COLUMN A WITH THE STATEMENTS IN COLUMN B. STATE THE LETTER OF THE CORRECT ANSWER. USE THE TABLE ON PAGE 2 FOR YOUR ANSWERS.
COLUMN A COLUMN B
1 Financial management A The field of finance that is concerned with the recording of financial information and reporting that information to external users
2 Control B An important short-term goal of financial management.
3 Maximizing shareholders` wealth C The field of finance that is concerned with providing a true and fair view of the financial result and financial position of a business entity.
4 Auditing D Choosing whether profits should be retained in the business to fund future growth or be distributed to the shareholders.
5 Solvency E Finance required to increase the productive capacity of a business entity.
6 Dividend decision F Activity required to ensure that the business is meeting its objectives.
7 Long-term funding G An important long-term goal of financial management.
8 Profit maximisation H A person who decides whether a business will be a good opportunity for his/her client to invest in.
9 Capital budgeting techniques I Occurs when the assets of an entity exceed the liabilities.
10 Financial accounting J Concerned with planning and controlling an organisations financial resources to help it to achieve its strategic objectives.
11 Historic cost K Used to evaluate projects or investment opportunities.
12 Investment analyst L An accounting concept which states that assets are reported in the entity`s books at the price that they were acquired for.
13 Current liabilities M This accounting concept implies that the business will continue operating in the foreseeable future.
14 Going concern N Possessions of a business that provide benefits for more than one year.
15 Non-current assets O Debts that are payable within one year.

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