Accounting Terms
Process
Biases
Statistical terms
Potpourri
100
Money an organization owes its vendors and suppliers
What is accounts payable?
100
Technique that progressively collects information from a group without physically assembling the contributors, reducing/ eliminating group think.
What is Delphi technique?
100
Generalized opinions about how people of a given gender, race, religion, age, education level, job type or national origin look, think, act, feel or respond.
What is stereotyping?
100
Extent to which a measurement measures what it is intended to measure.
What is validity?
100
Concept that argues that ethical behavior is determined by local culture, laws & business practices.
What is cultural relativism?
200
Money an organization's customer owe the organization.
What is accounts receivable?
200
Process of charting a course through cultural differences
What is dilemma reconciliation?
200
Type of measurement bias in which investigator makes snap judgments & lets first impression (either positive or negative) cloud subsequent evaluation.
What is first impression error?
200
Middle number in a range of values?
What is median?
200
Raw data, internal & external to an organization, that is translated into meaningful information for decision makers to use in taking strategic action.
What is Business Intelligence (BI)?
300
Financial, physical & sometimes intangible properties an organization owns.
What is asset?
300
Concept that laws are enforced only through accepted, codified procedures.
What is due process?
300
Tendency to enhance or diminish the strength or credibility of a statement or person based on one's impression of a preceding statement or person.
What is contrast effect?
300
average score or value
What is mean?
300
Leadership style that focuses on challenging & developing members of an organization to attain long range results through continuous evolution, improvement or change, based on the leader's vision & strategy.
What is transformational leadership?
400
Statement of an organization's financial position at a specific point in time, showing assets, liabilities & shareholder equity.
What is balance sheet?
400
Extent to which an organization's agreements, dealings, information, practices & transactions are open to disclosure & review by relevant persons.
What is transparency?
400
Conscious or unconscious beliefs that influence a person's perceptions or actions which may cause that person to become partial or prejudiced.
What is bias?
400
Statistical method used to determine whether a relationship exists between variables & the strength of the relationship.
What is regression analysis?
400
Leadership style that focuses on challenging & developing members of an organization to attain long-range results through continuous evolution, improvement or change, based on the leader's vision & strategy.
What is authentic leadership?
500
Statement that reports revenues, expenses & profits for a specified period of time, for example, quarterly or annually.
What is an income statement?
500
The process by which an organization creates the product or service it offers to the customer.
What is value chain?
500
Type of measurement bias in which analyst fails to recognize that individual is responding with answers the analyst wants to hear.
What is cultural noise?
500
Extent to which a measurement instrument provides consistent results.
What is reliability?
500
Concept that stipulates that no individual is beyond the readh of the law & that authority is exercised only in accordance with written & publicly disclosed laws.
What is rule of law?
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