What is Recording, classifying, summarizing and interpreting of financial events and transactions in an organization to provide interested parties needed financial information?
100
Accounting Cycle
What is a six-step procedure that results in the preparation and analysis of the major financial statements?
100
a) Auditing
b) Budgeting
c) Planning
d) Obtaining funds
e) Controlling funds
f) collecting funds
e) Advising top management
g) Managing taxes
What does a Financial Manager do?
100
IPO (Initial Public Offering)
What is the first offering of a corporation's stock?
100
5280
How many feet are in a mile?
200
Managerial Accounting
What is Provides information and analysis to managers inside the organization to assist them in decision making?
200
Preparing Trial Balance
What is the that is summary of all the information in the account ledgers. Helps to ensure the data is accurate and balances?
200
Long-Term Financing
What are funds needed for more than a year?
200
Over-the-counter (OTC) Market
What is the market that provides companies and investors with a means to trade stocks not listed on the national securities exchanges?
200
Seattle Seahawks
Which team won the Super Bowl last year?
300
Financial Accounting
What is Financial information and analyses are generated for people primarily outside the organization. Outside users are interested in these questions?
300
Financial Statement
What is a summary of all the financial transactions that have occurred over a particular period?
300
a) Character of the borrower
b) Capacity to repay the loan
c) The capital being invested
d) Conditions of the company
e) Collateral
What are the Five C's of Credit?
300
Preferred Stock is given preference to payment and sometimes have attributes like being convertible, callable or cumulative.
What is the difference between common and preferred stock?
300
The fear of teeth
What is Odontophobia
400
Certified Public Accountants
What are accountants who have passed a series of examinations established by the American Institute of Certified Public Accountants (AICPA) and met a states requirements for education and experience?
400
Current Assets
What are items that can or will be converted to cash within one year?
400
A owner of stock owns part of the company; a bond is a loan that will be paid back with interest.
What are some the main differences between stocks and bonds?
400
A condensed version of economic and financial information that a company must file with the SEC before issuing stock; the prospectus must be sent to prospective investors.
What is a prospectus?
400
16 to 18 hours
How many hours do cats sleep each day
500
Deloitte
PWC (Price Waterhouse Coopers)
E&Y (Ernst and Young)
KPMG
Name the Big 4 Accounting Firms
500
Assets, Liabilities & Owner's Equity
What are the three general sections of the Balance Sheet?
500
Leverage
What is raising funds through borrowing to increase the firm's rate of return?
500
A telecommunications network that links dealers across the nation so they can exchange securities electronically.