What does FMA stand for?
Financial Management Association
What does BAP stand for?
Beta Alpha Psi
In general, investments that are riskier ten to provide higher returns over time than investments with less risk.
True
TV and Movies combined, how many Supermans have there been?
11, 16, 9, 14?
11
What month of the year has 28 days?
All of them
Where is depreciation on the balance sheet?
On the assets side (contra asset)
Does a debit increase assets or increase liabilities?
Increase assets
An octopus has 7 hearts
False - They have 3
What is the new (2020 to present) manga turned anime that also has an iconic white-haired man as the main protagonist?
Jujutsu Kaisen
It stalks the countryside with ears that can’t hear. What is it?
Corn
Whats the formula for ROE (Dupont)?
Profit Margin x Total Asset Turnover x Equity Multiplier
Which is not classified as a current asset?
5. Property
Cheesecake comes from Italy
False - It comes from Greece
Last year, Warner Bros. produced the highest grossing film ever from a female filmmaker, earning more than 1.38 billion worldwide. What movie was it?
Barbie
I am an odd number. Take away a letter and I become even. What number am I?
Seven
Consider the following scenario: Jack and Jill are twins. At the age of 20, Jack started contributing $20 a month to a savings account. After 20 years, at the age of 40, he stopped adding to his savings, but he left the money in the account. Jill didn’t start to save until she was 40. Then, she saved $20 a month until she retired 20 years later at age 60. Suppose both Jack and Jill earned 6% interest per year on their savings. When they both retired at age 60, who had more money?
Jack
Which is not an example of financing cash flow?
2. Investing in equipment worth $90,000
The letter "J" is the only letter in the alphabet not included in the periodic table.
True
This year is a little different. What month is the Oscars scheduled in?
March
There’s a one-story house in which everything is yellow. Yellow walls, yellow doors, yellow furniture. What color are the stairs?
There aren’t any, it’s a one-story house!
David’s new job offers a 401(k). His employers provide a 50% match up to 2,000. How much should David invest at least in order to obtain the maximum amount of money from the employer match?
$4,000
Which is the method of depreciation used for US tax returns that is not GAAP-compliant?
2. Modified accelerated cost recovery systems
China has the longest coastline in the world.
False - Canada’s coastline is 151,019 miles while China’s coastline is 9,010 miles
Which Disney Princess sings “Once Upon a Dream”?
Aurora/Sleeping Beauty
You walk into a room that contains a match, a kerosene lamp, a candle and a fireplace. What would you light first?
The match