Accounts Receivable
Work in Progress
Unrecognized Revenue
Terracon History
Bonus Questions
100

AR

What is Accounts Receivable

100

WIP

what is Work in Progress

100

UR

What is Unrecognized Revenue

100

Jerry Olson

Who is the founder of Terracon

100

Do not use phone while driving on Terracon Business

What is Rule # 11 in Our Rules and Practices

200

60 days

What is our ceiling goal for the number of days in AR

200

Aged WIP by Project Manager; PM Dashboard

What are two ways to review WIP weekly

200

Fully executed contract, Purchase Order, Notice to Proceed, email from our client that provides scope of work and amount

What is acceptable as "Evidence of Arrangement"

200

Over $2 million over the last 10 years

what is .. The amount the Terracon Foundation awarded through Employee-Championed Grant Applications 

200

Guidance Resources, Terranet, Social and TU

What are available resources for Terracon Employees to get and share information

300

Self-Inflicted

What is the reason we do not get paid by our clients 

incorrect / missing information

300

Sub invoices / time booked after the final billing


What is the occasion where WIP needs to be removed after invoicing has occurred

300

January 1, 2019

What is the day verbal authorization to proceed was no longer acceptable

300

Soil Testing Services

What was Terracon's original name

300

April 15, 2019

What is Tim McNally Day

400

2 million

What is the amount of money we lose per day on outstanding AR (WIP)

400

Monday 5 pm

What is the deadline for WIP removal requests

400

Obtain Change Orders

What is one way to resolve Unrecognized Revenue

400

This is the year when the first Terracon Environmental job # was assigned   

What is 1984

400

(888)449-7787

What is the number for Workcare

500

45 %

What is the percentage discounted between 181 to 240 days

500

Wednesday

What is the day accounting reports are updated

500

Contracts

What is one of the most important ways we as employee owners can help with Revenue Recognition requirements

500

Terracon's annual revenue exceeded $100 mil for the first time

What is 1999

500

Fair

What is a place where you buy a pig

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