Accounting
Human Resources
Employees
Production
Selling
100
That the accounting records reflect the financial activities of a specific corporate entity, separate and distinct from the people who finance it or work in it. Read more: http://www.businessdictionary.com/definition/business-entity-concept.html#ixzz485sMIXPA
What is Business entity?
100
Currently operating business that is expected to continue to function as such and remain viable in the foreseeable future. Read more: http://www.businessdictionary.com/definition/going-concern.html#ixzz485sTq5x4
What is going concern?
100
Currency unit issued as a coin, and used as a standard unit of value and a unit of account. Read more: http://www.businessdictionary.com/definition/monetary-unit.html#ixzz485sbbH7W
What is monetary unit?
100
The activity within an accounting period that must be recorded within the time period on a financial statement. Read more: http://www.businessdictionary.com/definition/periodicity-concept.html#ixzz485sptNKS
What is Periodicity?
100
A commercial enterprise that provides work performed in an expert manner by an individual or team for the benefit of its customers Read more: http://www.businessdictionary.com/definition/service-business.html#ixzz485t3IAgz
What is a service business?
200
Retail stores which sell finished, prepackaged goods. (business dictionary.com
What is a merchandiser?
200
Entity that makes a good through a process involving raw materials, components, or assemblies, usually on a large scale with different operations divided among different workers. Read more: http://www.businessdictionary.com/definition/manufacturer.html#ixzz485tODccH
What is manufacturer?
200
The management of large amounts of money. (business dictionary.com?
What is finance function?
200
the department of a business or organization that deals with the hiring, administration, and training of personnel. Read more: dictionary.com
What is Human Resource function?
200
the action or business of promoting and selling products or services, including market research and advertising. Read more: dictionary.com
What is marketing?
300
is a framework of accounting standards, rules and procedures defined by the professional accounting industry. (Dictionary.com)
What is GAAP?
300
is an examination of the financial records, accounts, business transactions, accounting practices See more at: https://www.councilofnonprofits.org/nonprofit-audit-guide/what-is-independent-audit#sthash.tOScN0AS.dpuf
What is an auditor's report?
300
net income falls under this following financial statement Read more: dictionary.com
What is income statement?
300
the action of making or manufacturing from components or raw materials, or the process of being so manufactured. Read more: Dictionary.com
What is Production?
300
is the time spent that improves the outcome of a process. Read more: accountingtools.com
What is value added time?
400
is a liquidity and efficiency ratio that measures a firm's ability to pay off its short-term liabilities with its current assets. Read more: businessdictionary.com
What is current ratio?
400
is a profitability ratio that compares the gross margin of a business to the net sales. Read more: businessdictionary.com
What is Gross margin ratio?
400
is typically used for personal financial decisions, to compare a company's profitability or to compare the efficiency of different investments. Read more: investinganswers.com
What is return on investment?
400
is a measure of profitability that calculates how many dollars of profit a company generates with each dollar of shareholders' equity. Read more: investinganswers.com
What is return on owner's equity?
400
is a measure of how well a company can meet its short-term financial liabilities.
What is quick ratio?
500
a level of performance that describes a process that uses the lowest amount of inputs to create the greatest amount of outputs. Read more: http://www.investopedia.com/terms/e/efficiency.asp#ixzz485yOwKq7
What is efficiency strategy?
500
is a firm's capability to adapt to changes in the external environment. Read more: mbaskool.com
What is flexible strategy?
500
is a company's total earnings (or profit) Read more: investopedia.com
What is net income?
500
s a process performed by a company to ensure that the company's records are correct and that the bank's records are also correct. Read more: accountingcoach.com
What is bank reconciliation?
500
capital Another name for the owners' equity of a business. Read more: Quizlet.com
What is capital?
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