Fundamentals
The production and sale of goods and/or services.
What is Business?
A graph usually used to show the change in data over a period of time.
What is a line graph?
All the mental/physical work put into the production of a good or service.
What is Labour?
A google powered platform used for interactively displaying information.
What is Google Sites?
The activities done by a business to plan, promote, and price their products.
What is marketing?
Any item you can purchase, possess and/or use.
What is a good?
An automatically adjusting digital graph.
What is an excel graph?
The guidelines for how financial records should be prepared.
What are the GAAP's?
A tool to get around your custom website.
What is the navigation bar?
A riverlary in between two or more companies that sell similar products (ex. Coca Cola and Pepsi).
What is competition?
The company or business that produces (makes) the good.
What is the manufacturer?
A user created math problem in excel.
What is a formula?
What all accounting is based on.
Hint: Assets = Liability + Equity
What is the fundamental accounting expression (FAE)?
A way to customize how data is presented in google sites.
What is a theme?
How companies inform customers about their products.
What is a promotion?
The general direction that society takes that can last for a long time.
What is a trend?
A business document that usually use within an organization, and is short and to the point.
What is a memo?
The principle stating that all accounting for a business should be fair and reasonable.
What is the GAAP principle of conservatism?
A way to insert your own google slides, google forms, etc into google sites.
What is embedding?
The formula that companies use to try and get more sales when doing a promotion.
What is the AIDA selling formula?
As prices rise, the quantity supplied by producers tends to increase. Likewise, as prices fall, the quantity supplied by producers tends to decrease.
What is the Law of Supply?
The entire letter is left justified and single-spaced except for a double space between paragraphs.
A financial statement that illustrates the companies position.
What is a balance sheet?
A customizable picture slideshow for google sites.
What is a photo gallery?
A memorable phrases used for promotions.
What is a slogan?