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Complete the Following Using the Terms Listed Below

Question 152

Multiple Choice

Complete the following using the terms listed below.
-______ represents the owners' initial investment in the business plus profits that were NOT paid out to owners over time in the form of cash dividends.


A) Chartered Professional Accountant
B) International Financial Reporting Standards
C) Asset
D) Liability
E) owners' equity
F) accounting equation
G) balance sheet
H) income statement
I) Corruption of Foreign Public Officials Act
J) accrual accounting
K) open book management
L) Budget
M) GAAP
N) AcSB
O) profitability ratio
P) International Accounting Standards Committee
Q) liquidity ratios
R) budget

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