Definition of Terms
Example of Current Asset?
Cash, Account Receivable,
What kind of banks that are deposit-taking financial institution that extend credit to consumer market.
Commercial Bank
These are shares issued by the businesses.
ST
SMART is an effective plan of financial planning?
TRUE
These are shares issued by the businesses.
STOCKS
It serves as intermediary to the suppliers and the users of funds in the organization.
FINANCIAL INSTITUTIONS
Asset-Liabilities=Capital is the correct accounting equation?
False
Used when several orders are to be served
RS Trolley
What do you call a person who has the money and deposits in a savings account.
DEPOSITOR
Cash is belong to Current Asset?
TRUE
It is related to money or to a business activity that primarily deals with money transactions.
FINANCE
Deals with choosing better opportunities may it small or large projects that will generate a better return of investment?
INVESTMENT
It is the efficient and effective management of funds.
Financial Management
Building belongs to Non Current Liabilities?
FALSE