The GAAP are accounting guidelines, currently formulated by the Financial Accounting Standards Board (FASB); the main U.S. accounting rule book. What does GAAP stand for?
Generally Accepted Accounting Principles (GAAP)
Moody's is commonly used to rate the creditworthiness of this type of security.
Example of ratings: Aaa, Ba, Caa
bonds
________ risk is the risk of adverse fluctuations in exchange rates.
Currency risk or Exchange rate risk
A ________ is the ultimate user of a good or service.
consumer
A ______ is a person or company licensed to buy, sell, exchange, or lease real property for others and charge a fee for these services.
broker
A ___________ is a business unit that is recognized as a separate legal entity, whose owners are stockholders, and has an indefinite life.
corporation
Under FDIC-insured banks, deposits are insured up to $______ per depositor.
$250,000
_____________ refers to the ongoing economic integration and growing interdependency of countries worldwide.
Globalization
______ _____ marketing is the use of social media platforms to connect with audiences to build the company's brand, increase sales, and drive website traffic.
Social media
____________ is the study and description of a population, which is a major factor in determining the quantity and type of housing in a community. Family size, ratio of adults to kids, income, and lifestyle are examples of this.
Demographics
This form of accounting provides more detailed information specific to management's needs, and does not have to follow GAAP. Used by internal decision makers.
Managerial accounting
A ______ _____ pools money from many investors and invests the money in large, diversified portfolios of stocks and bonds.
Mutual fund
What is the most widely spoken language in the world?
English
The ______ ______ is the market segments on which an organization directs its marketing efforts.
target market
_________ is the process of estimating a property's market value based on established methods and professional judgement.
Appraisal
This financial statement reports on the assets, liabilities, and stockholders' equity of the business as of a specific date.
Balance sheet
These types of banks advise companies on securities to issue, underwrite security offerings, offer assistance in mergers & acquisitions, and act as dealers in security markets.
Investment banks
___ is the value of all goods and services produced by a domestic economy over a one year period.
GDP
The marketing mix consists of the four P's: Product, Price, Promotion, and _____.
Place
________ _______ is a person or company hired to maintain and manage property on behalf of its owner to protect the owner's investment and maximize the return on their investment.
Property manager
Name one of four types of equity accounts.
Common stock, dividends, revenues, expenses
(All are possible answers)
A Federal Reserve note is commonly referred to as a ______ ____.
dollar bill
The IMF is an agency created to regulate fixed exchange rates and enforce the rules of the international monetary system. What does IMF stand for?
International Monetary Fund
A SWOT analysis is an overall evaluation of a company's _________ (S), __________ (W), _____________ (O), and _______ (T).
Strengths (S), Weaknesses (W), Opportunities (O), and Threats (T)
Is a mortgage considered a tangible asset or an intangible asset?
Intangible asset