term that best matches each of the following descriptions: wer wer wer wer wer wer wer wer ver wer The financial statement that communicates information about a business's financial performance by summarizing revenues less expenses over a period of time. A 12-month period. The medium through which information is communicated to external users. Represent amounts to be collected in cash in the future for goods sold or services provided to customers on credit. Complete, neutral, and free from error. Items such as sales invoices and bills from creditors that contain information about economic events. Shows a business's assets, liabilities, and equity at a point in time. An obligation to pay an asset in the future. A characteristic of a business meaning that if the business could not pay its debts, the owner(s) would be responsible even if the business's debts were greater than the owner's or owners' personal resources. People who do not participate in the day-to-day management of the corporation but delegates this responsibility to the officers of the corporation