How were Baylor's colors of green and gold chosen?
A committee was tasked with choosing, one of the girls saw a field of grass and dandelions and felt it would make a lovely combination
Before becoming a professor, Don Carpenter was the chief accounting officer of what company?
Waste Management
What company collapsed in 2001 due to an accounting scandal?
Enron
What is the nickname for companies manipulating their earnings using aggressive accounting?
Cooking the Books
Where was the original campus location of Baylor?
Independence, Tx
What was one of the ways Baylor participate in WW2?
They had an Army Specialized Training Program, Navy training program, Department of Defense courses for faculty and students
What is the most failed section of the CPA exam?
FAR - financial accounting and reporting
In a chart of accounts, Expenses begin with what number
5
What was the first CPA exam year in the U.S.?
1896
When was Baylor founded?
1845
Before adopting Bears as their mascot, Baylor briefly considered what other animals as its official mascot?
Buffalo, Antelope, Frog, and Ferret
There are this many elective hours in the Master of Taxation degree offered at Baylor?
18
Which major company inflated revenues by over $11 billion, making it one of the largest accounting frauds in history?
WorldCom
Who is considered the "Father of Accounting"?
Luca Pacioli
What is Don's favorite restaurant in Waco?
Chuy's
Before Joy and Lady, Baylor had a bear mascot that once escaped and ran loose on campus in the 1940s. What was its name?
How long do you have to pass all 4 CPA exam sections before your first one expires?
30 months in Texas
What was Wells Fargo caught doing in 2016 that was considered unethical accounting?
Creating fake customer accounts
The IRS processed how many tax returns for 2023?
161 million returns
Who is Baylor University named after?
Judge Robert Emmett Bledsoe Baylor
When did dancing become legal on Baylor campus?Bonus: How long was dancing banned for?
1996
151 year ban
Who is a famous actor that went to Baylor?
Angela Kinsey
What major retailer admitted to overstating its income by over $2 billion in 2014?
Tesco
If a transaction has been improperly journalized and posted to a ledger, what do you do?
Journalize a Correcting entry
What was the first bear mascot named?
Ted/Bruin