Match the following terms and definitions.
a. | vendors module | ____ | 1. | A module that relates to output from the accounting system |
b. | customers module | ____ | 2. | A module that includes adjusting and correcting entries |
c. | employees module | ____ | 3. | A module related to purchasing goods and services |
d. | banking module | ____ | 4. | A module that involves cash received and cash paid |
e. | financial module | ____ | 5. | A module related to the payroll cycle |
f. | reports module | ____ | 6. | A module related to selling the customer a product or service |
g. | adjusting entries | ____ | 7. | Reports used to evaluate an enterprise’s sustainability performance |
h. | correcting entries | ____ | 8. | Reports used when filing federal, state, and local returns |
i. | closing entries | ____ | 9. | Reports prepared to assist managers in making decisions |
j. | financial reports | ____ | 10. | Reports that include a company’s income statement, balance sheet, and statement of cash flows |
k. | tax reports | ____ | 11. | Entries to bring accounts up to date at year end |
l. | Management reports | ____ | 12. | Zeros out revenue and expense accounts at year end |
m. | sustainability reports | ____ | 13. | Entries to correct errors |
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