Accounting
What is the method of reporting financial activity of a business in an orderly fashion?
What is accounting?
What is the primary function of banks?
What is to keep money for savings and checking accounts or for issuing loans and credit?
What is the focus of finance as a career?
What is acquiring, investing, and managing money?
What is the accounting equation?
What is Assets = Liabilities + Owner's Equity?
What is one service provided by banks?
What is accepting deposits?
Name one activity related to finance.
What is analyzing budgets?
What type of financial statement reports revenue, expenses, and net income or loss?
What is the Income Statement?
What do banks do when they process loan applications?
What is they evaluate requests for loans?
What does it mean to sell insurance in finance?
What is to provide financial protection against potential risks?
What is the purpose of a Balance Sheet?
It report assets, liabilities, and owner's equity on a certain date?
What is a cashier’s check?
What is a check guaranteed by the bank?
Who consults with businesses on financial matters?
What is a financial advisor?
Name one activity performed by accountants.
What is preparing financial statements
Name a type of institution where banking activities occur.
What is a credit union?
What is a stock broker's job?
What is to buy and sell stocks and other securities?