This financial statement results in net income or loss.
What is the income statement?
100
The ability of one organization to outperform other organizations because it produces desired goods or services more efficiently and effectively than they do?
What is a competitive advantage.
200
The company that makes the "Office" Software Suite.
What is Microsoft
200
ECC's main school color is this.
What is Purple
200
What area of business deals with debits & credits.
Accounting
200
This financial statement shows assets, liabilities, and owner's equity on a given date.
What is the balance sheet?
200
Price, Product, Place, and Promotion?
What are the four P's in Marketing.
300
These skills, such as personality, teamwork, and time management are not "hard" - instead they are ____
What are Soft Skills
300
These are gifts of money that help ECC students finance their education
What are Scholarships
300
What area of business is Adam Smith associated with?
Economics
300
This ownership structure has one owner.
What is a sole proprietorship?
300
This color is associated with Marketing firms who practice social responsibility in their operations and processes?
Green
400
This software program (Hint: Word, Excel, PowerPoint or Access) is considered to be one of the most valuable tools for Business Majors learning about finances
What is Excel
400
These are four competitive sports that male athletes can participate in at ECC
What is football, basketball, baseball, or wrestling.
400
Who collects federal income taxes?
Internal Revenue Service
400
At the bottom of a trial balance, these must equal.
What are debits and credits?
400
A group of individuals or organizations that share one or more characteristics are often referred to as a?
What is a Target Market.
500
Students who master computer software skills at ECC can take these tests to prove their skills
What are Microsoft Certification Tests
500
These are three competitive sports that female athletes at ECC can participate in.
What is softball, basketball or volleyball.
500
What do people buy to protect expensive things like cars and houses?
Insurance
500
The process of transferring information from the general journal to the general ledger.
What is posting?
500
This management theory asserts that employees are not lazy, do not naturally dislike work, and, if given the opportunity, will do what is good for the organization?