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1
It is the simplest and the most common form of a business ownership, it is a business owned and run by one person for their own benefit
sole proprietorship
2
It is defined as the management of money and includes activities such as investing, borrowing, lending, budgeting, saving, and forecasting.
Finance/Financial Management
3
It has the full management control of the business and also have unlimited financial liability for their financial obligations.
General partnership
4
It is sometimes called as banking institutions, these are business entities that provide services as intermediaries for different types of financial monetary transactions.
financial institutions
5
it refers to the functions involved in the management of financial resources.
financial management
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They facilitate the movement of money from savers, who tend to be individuals, to borrowers, who tend to be businesses.
financial market
7
It refers to a financial institution that accepts deposits, offers checking account services, makes various loans, and offers basic financial products
commercial bank
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It is a type of market in which new, as opposed to previously issued, securities are bought and sold for the first time
primary market
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It combines some of the characteristics of both debt and equity securities.
hybrid securities
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its purpose is to maximize investor returns and eliminate risk.
hedge funds
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It is best known for their work as intermediaries between a corporation and the financial markets.
investment bank
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It allows businesses and individual investors to trade the securities issued by public corporation
securities market
13
It is a snapshot of the financial condition of a business as of a specific dates
balance sheet
14
it refers to the operating costs of a business that have been paid in advance.
prepaid expense
15
it is a long-term liability representing the amount a property owner has to pay for a loan regarding the security of a home or commercial building.
mortgage payable
16
it is the amount of revenue a business or organization earns to date minus the total dollar amount of distributions to shareholders from dividends paid.
retained earnings
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it often comes from events and transactions that have unrealized cash gain or loss
other comprehensive income
18
It is a report that summarize a firm's revenues, expenses, and profits during a reporting period, generally a quarter or a year.
income statement
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it is the earnings from operations before interest and taxes
operating income
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It consists of claims that must be paid off within one year.
current liabilities
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it is the resources of the company that is expected to be used for more than one year.
non current asset
22
it is the amount that a company's customers owe to it for the goods and services supplied by the company on credit.
accounts receivable
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It is a type of financial vehicie made up of a pool of money collected from many investors to invest in securities
mutual funds
24
It represents ownership interest held by shareholders in an entity, realized in the form of shares of capital stock.
Equity securities
25
it is a written records that corvey the business activities and the financial performance of a company
financial statement