Activities planning for the future of that company.
What is Planning Activities
100
Determines the wants and needs of consumers and devises a system for distributing the goods and services customers demand.
What is Marketing Function
100
A business organized to convert raw materials into finished goods
What is a manufacturing firm
100
A business that obtains and distributes goods to customers
What is a Merchandising Firm
200
Matching up the company’s books and the banks to check for any differences.
What is Bank Reconciliation
200
Responsible for planning, organizing, directing, and controlling the operations of the business.
What is Production Function
200
A situation in which the money invested in a corporation is at risk but investors personal possessions are not at risk if the business fails.
What is Limited Liability
200
Relates to monitoring the company’s largest unrecorded asset
What is the Customer Perspective
200
Is money received in excess of the initial investment.
What is Return On Investment
300
Involves Borrowing from and repaying creditors.raising funds from owners and distributing.
What is financing activities
300
Managing financial functions of a business
What is Financing functions
300
Measures the return generated per dollar of owners’ equity.
What is Return on Owners Equity
300
Concerns the company's ability to take actions now to ensure its future
What is the Learning and Growth Perspective
300
Adapts to changing market conditions by developing new products/services, markets, and technologies.
What is a Flexible Strategy
400
Transactions that result from the earnings process of the company.
What is Operating Activities
400
Ensure employees are given a chance to succeed in a safe environment
What is human resource function
400
is a measure of the ability of a debtor to pay their debts as and when they fall due.
What is Liquidity Measurements
400
Part of the balanced scorecard concerned with the financial health of the company.
What is the Financial Control Perspective
400
Time spent on activities that add value to the company’s products/services or processes.
What is Value Added Time
500
Purchase and sale of long-term assets and other major items to achieve the business’s strategy
What are Investing Activities
500
Set of reporting standards applicable to all U.S companies that issue financial reports to external users.
What is GAAP, Generaly Accepted Accounting Principles
500
is an entity that is formed and administered as per commercial law in order to engage in business activities, charitable work, or other activities allowable.
What is Business Entity
500
looks at the internal operations of the company and, therefore, is used primarily to plan and control operating processes.
What is the Internal Control Perspective
500
Know as the balanced scorecard approach. This focuses on financial, internal, customer, and learning and growth. This plans and evaluates a business’s success.
What is The Performance Measurement and Management Process