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Match each term or phrase to its description below.

a.

b.

C.

d.

e.

Assets Liabilities + Stockholders' Equity.

An individual who has met certain criteria and is thus allowed to perform audits of

corporations.

Payments of cash from a corporation to its stockholders.

The cost of assets consumed or services used in the process of generating revenues.

Amounts owed to creditors in the form of debts and other obligatio

-/0.5

Fig: 1