Question

the increases in assets or decreases in liabilities resulting from the sale of goods or the performance of services in the normal course of business.
retained earnings statement
the examination of financial statements by a certified public accountant in order to express an opinion as to how accurately the financial statements present the companys results and financial position.
*auditing
revenues
a financial statement that summarizes the changes in retained earnings for a specific period of time

Explanation:

Match each definition to its corresponding accounting term by identifying the core meaning of each description and term.

1. The first definition describes inflows from core business operations, which matches the term "revenues".
2. The second definition describes the CPA review of financial statements, which matches the term "*auditing".
3. The third definition describes the statement tracking retained earnings changes, which matches the term "retained earnings statement".

Answer:

1. "The increases in assets or decreases in liabilities resulting from the sale of goods or the performance of services in the normal course of business." → revenues
2. "The examination of financial statements by a certified public accountant in order to express an opinion as to how accurately the financial statements present the company's results and financial position." → *auditing
3. "A financial statement that summarizes the changes in retained earnings for a specific period of time" → retained earnings statement