$\backslash$table$[[$Answer$,$Farm Accounting Terms$],[,$Financial accounting$],[,$Financial analysis$],[,$Financial position$],[,$Financial performance$],[,$Financing activities$],[,$Investing activities$],[,$Operating activities$],[,$Financial statements$]]$

Definitions

A$.$ Financial state at a specified point in time.

B$.$ Day$-$to$-$day activities of producing or selling crops and livestock.

C$.$ Procedures for evaluating a farm's financial position and financial performance.

D$.$ Activities involving the buying and selling of assets needed for the production of farm products.

E$.$ Accounting systems that produce financial statements for farm managers and owners and for outside parties.

F$.$ How profitable the farm was over a specified period of time.

G$.$ Reports that summarize the financial activities of an economic entity.

H$.$ Activities in which financial capital is provided to the farm business.