Prof Nelson
Prof Jeff
Accounting Terms
Christmas
Miscellaneous
100

What is Prof Nelson's office number?

354

100

What is Prof Jeff's office number?

365

100

This financial term refers to the money owed by a company to creditors.

Liability

100

This reindeer is known for his red nose, which lights the way for Santa's sleigh.

Rudolph

100

This accounting standard governs the way companies prepare their financial statements and is used primarily in the U.S.

GAAP

200

How many kids does Prof Nelson have?

2 girls

200

Who does Prof Jeff dress up as for Halloween?

Lucia Paciola, Father of Accounting

200

This term refers to the difference between a company's total assets and total liabilities.

Equity

200

What is the name of the young boy who got left during Christmas in a classic holiday movie, Home Alone

Kevin McCallister

200

What are the Big Four firms?

EY, Deloitte, KPMG, PwC

300

How many classes does Prof Nelson teach?

3 each semester

300

What’s the snack Prof Jeff keeps in his office?

Pub Mix

300

This document provides a snapshot of a company's financial position, listing assets, liabilities, and shareholders' equity.

Balance Sheet

300

How many ‘las’ are after the ‘fa’ in ‘Deck the Halls’?

8

300

This form is used by individuals to file their annual income tax returns in the U.S.

Form 1040
400

What’s Prof Nelson’s signature saying?

Hello good people

400

What event does Prof Jeff throw for LAT every year?

Annual LAT BBQ

400

This is the accounting term for the systematic allocation of the cost of a long-term asset over its useful life.

Depreciation

400

What are Buddy the Elfs four main food groups and what does he put them on?

Syrup, candy, candy canes, and candy corn on top of spaghetti

400

This type of account is used to track items like accumulated depreciation.

contra account

500

What’s professor Nelson’s favorite hobby?

Being outdoors, camping, or watching soccer with my girls

500

Where and what year did Prof Jeff go for ungrad?

Notre Dame undergrad-1986

500

Which accounting firm, formerly part of the Big 5, collapsed due to scandals involving Enron and WorldCom?

Arthur Anderson

500

Who recorded the best-selling Christmas single of all time with "White Christmas"?

Bing Crosby

500

Where Big Four are the LAT seniors working/interning at?

Alexis - EY, Kacie - KPMG, Delaney - Deloitte

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