Budgeting
An expense that typically changes month over month.
What is a Variable Expense?
Type of tax you pay based off your home value
What is property tax
Sales that you record on an Income statement
What is Revenue
A company that is now able to sell shares of stock, has gone " "
What is public
This type of mgmt structure has less managers, giving more freedom to workers
What is horizontal structure
An expense in which the dollar amount does not change month over month.
What is a fixed expense?
Type of tax you pay based off how much money you earn in a year
What is income tax
Costs on an Income statement that you incur running your business
What is an Expense
Middle man/woman that facilitates stock transactions between buyers and sellers.
What is a stock broker
What is a Credit Union
The government agency that collects your taxes
What is the IRS
Financial Statement that contains Assets, liabilities, and Equity
What is a balance sheet
% of profits that gets distributed to stockholders periodically
what are dividends
If you crash your car, this is the cost you owe before your insurance coverage kicks in.
what is a deductible
This type of bank issued card can be used to make purchases, which immediately pulls money from your bank account.
What is a debit card
Taxes are due by this yearly date.
What is April 15th
This section of the balance sheet that contains Cash and Accounts receivable
What is a current asset.
a collection of financial investments like stocks, bonds, and securities owned by an individual wanting to decrease risk.
What is a portfolio
In the sales process, what is the Pyramid that helps explain a person's needs vs wants (physiological, love and belonging, esteem etc...)
What is Maslow's Hierarchy
You typically incur this type of fee if you do not pay down your credit card each month
What is interest
The term used for income BEFORE any deductions are taken out
What is Gross Income
Assets = Liabilities + Equity
What is the Accounting Equation
When a privately owned company lists its shares on a stock exchange for the first time, making them available for purchase, this is called:
What is an IPO (Initial Public Offering)
Tactics used to optimize your website page to reach and maintain a high ranking on search engines for particular keywords
What is S.E.O.