Unit 3: Vocabulary

Please study the 14 vocabulary below and press the 'Mark Complete' button.
UK
US
asset
a resource in the possession of a company which is available for use
UK
US
The auditors checked the factory to make sure that all the assets listed in the accounts were there.
US
UK
authorise
to give permission to happen
US
UK
All purchases over five thousand dollars must be authorised by accounts payable.
US
UK
daybooks
a journal of financial transactions entered on the day that they happened
US
UK
I hate working with daybooks, it is so much easier to use a computerised accounting system.

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