Wiss Jeopardy!

Operations & Scheduling

100

Weekly schedule updates must be sent to this email address

[e-mail]

200

Weekly schedule updates must be sent by this time every Monday.

Noon

300

Advisory Operations asks employees to look this far ahead when submitting forward-looking schedules.

4 weeks ahead

400

Staff and Seniors hold bi-weekly scheduling meetings with this person to review assignments, availability, and open time.

Amanda Bowra

500

This is the name of the scheduling software that Advisory Operations uses for planning views and schedule visibility.

Beeye

Sage Intacct

100

Sage Intacct is this type of software — accessible anywhere with real-time reporting capabilities.

Cloud-based software

200

These allow for a smaller, simpler chart of accounts and give users the power to group, sort, filter, and expand reports.

Dimensions

300

Transactions posted to subledgers like AR and AP are automatically posted here.

The General Ledger

400

In Sage Intacct, credit card transactions must be created under this specific module.

Cash Management (subledger)

500

In Accounts Receivable, Sage Intacct allows users to create this type of document to make an AR adjustment.

Credit Memo

Basis

100

True or False: Basis helps reduce manual workload, minimizes errors, and enhances the reliability of financial data

True

200

Basis AI's feature that identifies and explains variances in financial data is called this.

Flux Analysis

300

In Basis, AI categorizes transactions into three buckets based on confidence level. Name all three.

High Confidence, Educated Guess, or Wild Guess

400

This Basis AI feature compares workpapers to the general ledger to provide analysis and predictions.

Reconciliation Analysis

500

In Basis Tasks/Workflow, this action is performed every month to move workpapers into the new period.

Roll Forward Files

Expectations & Etiquette

100

Interns are expected to be in the office or at a client this many days per week.

3 days per week

200

This is the general expected response time for emails during the internship.

24 hours

300

Before going to a client site, interns should reach out the day before to confirm these four things (name at least two).

Address, arrival time, parking, building access / location details

400

Each intern gets two buddies. This one is the main day-to-day contact; this one helps guide development and higher-level questions.

Staff buddy (day-to-day) / Senior buddy (development)

500

During slower periods, interns are encouraged to complete workbooks or use these two learning platforms.

LCVista and LumiQ

Accounting Questions

100

What does GAAP stand for?

Generally Accepted Accounting Principles

200

What are the 4 main components of a financial statement?

Balance Sheet, Income Statement, Statement of Changes in Equity and Cash Flow Statement

300

If a company buys office supplies for $500 cash, what accounts are affected? (provide the debits and credits)

Debit - Office Supplies $500 and Credit - Cash $500

400

A company prepaid $12,000 for insurance on July 1 for a 12-month policy. What are the adjusting entries at year-end?

• Annual policy: $12,000 ÷ 12 months = $1,000 per month.
• Used: 6 months × $1,000 = $6,000 (insurance expense).
• Remaining: $6,000 (prepaid insurance).
• DR Insurance Expense $6,000 and CR Prepaid Expense $6,000

500

What is the purpose of a trial balance, and what does it mean if it doesn’t balance?

A trial balance is a report that lists all the accounts and their balances from the general ledger at a specific point in time. When it's out of balance it could mean: 1. a transaction was recorded only on one side (debit or credit), 2. Incorrect amounts posted, 3. Missing entries