Business Fundamentals & Finance
The financial statement that reports a company’s assets, liabilities, and equity at a specific point in time.
Balance Sheet
A document that officially authorizes a project and defines its purpose.
Project charter
Acting honestly and consistently according to moral principles.
Integrity
A device that connects computers and devices within a local network.
Switch
A common image file format that supports transparency.
PNG
A ratio calculated by dividing current assets by current liabilities to measure short-term liquidity.
Current ratio
A visual timeline showing tasks, durations, and deadlines.
Gantt chart
A situation where personal interests interfere with professional duties.
Conflict of interest
The acronym for a network that covers a small geographic area, such as a school.
LAN
The design principle that creates visual stability by evenly distributing elements.
Balance
The accounting principle that records revenues when earned and expenses when incurred, regardless of cash flow.
Accrual accounting
The series of tasks that determines the shortest possible time to complete a project.
Critical path
An ethical approach focused on producing the greatest good for the greatest number of people.
Utilitarianism
The protocol that automatically assigns IP addresses to devices.
DHCP
The web language used to control colors, fonts, and layout.
CSS
A pricing method that adds a fixed percentage to the cost of a product to determine its selling price.
Markup pricing
The process of identifying possible problems and planning how to handle them.
Risk management
The practice of misleading consumers about a company’s environmental responsibility.
Greenwashing
A network layout where all devices connect to a central device.
Star topology
The process of combining and arranging video clips into a finished product.
Video editing
A financial analysis technique that evaluates how changes in costs, volume, and price affect profit.
Cost-volume-profit (CVP) analysis
A performance measure that compares planned progress to actual progress.
Schedule Performance Index (SPI)
Laws designed to protect employees who report unethical or illegal actions.
Whistleblower protection laws
The seven-layer model used to understand how networks communicate.
OSI model
The design concept that directs viewers’ attention to the most important elements first.
Visual hierarchy