| A | B |
| Accountant | a person who plans, summarizes, analyzes, and interprets accounting information |
| Accounting | planning, recording, analyzing, and interpreting financial information |
| Accounting concepts | ten commonly accepted concepts that guide accounting personnel in their work |
| Bookkeeper | a person who does general accounting work plus some summarizing and analyzing of accounting information |
| Business ethics | the use of personal ethics in making business decisions |
| Ethics | the principles of right and wrong that guide an individual in making decisions |
| General office clerk | a person who does general kinds of office tasks, including some accounting tasks |
| Merchandising business | a business that purchases and sells goods |
| Partnership | a business in which two or more people combine their assets and skills |
| Proprietorship | a business owned by one person |
| Service business | a business that performs an activity for a fee |