1) A financial asset or the value of a financial asset, such as cash or goods. a) Capital (CAP) b) Sales c) Promoter Score d) BANT Framework 2) An accounting entry that may either decrease assets or increase liabilities and equity on the company's balance sheet, depending on the transaction.ending on the transaction.  a) Credit  b) Debit c) Lifetime value  d) CAC 3) The process of allocating or spreading capital investments into varied assets to avoid over-exposure to risk. a) Credit  b) Diversification c) Acquire  d) Enrolled agent (EA) 4) A state where an individual or organization can no longer meet financial obligations with lender(s) when their debts come due. a) Insolvency b) Present value  c) NPS d) Conversion Rate 5) An accounting entry where there is either an increase in assets or a decrease in liabilities on a company's balance sheet. a) Credit b) Debit c) Benefit  d) BANT 6) The revenue or expense expected to be generated through business activities (sales, manufacturing, etc.) over a period of time. a) Cash Flow b) Cost of goods sold c) Service d) Product

Accounting Terms

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