Congress created a national central bank in 1913 to help stabilize the U.S. banking industry.
What is the Federal Reserve System?
100
Credit cards, unsecured loans and secured loans are what kind of financing?
What is short-term debt?
100
Ownership of or equity in a company
What is stock?
100
Private accountants generally work together as a team under the supervision of the organization's ____________.
What is controller?
100
Four P's
What is price, promotion, product and place
200
Retail banks and credit unions are this type of bank.
What is Commercial Banks?
200
The money owed to a firm by its customers
What is accounts receivable?
200
Fundraising mechanisms for corporations; also used by various governments
What is a bond?
200
Assets - Liabilities = Owner's Equity
What is the accounting equation?
200
The study of how a society uses its scarce resources to produce goods and services.
What is economics?
300
When frenzied demand drives prices of an asset far beyond its intrinsic economic value
What is a bubble?
300
Selling ownership shares in the company
What is equity financing?
300
A security with a price that is dependent upon or derived from one or more underlying assets.
What is a derivative?
300
Another name for this statement is the profit and loss statement which illustrates the organizations profit performance.
What is the income statement?
300
CSR
What is corporate social responsibility?
400
The government established this to protect money in customer accounts and to manage the transition of assets whenever a bank fails.
What is Federal Deposit Insurance Corporation (FDIC)
400
Something that is seized by the lender in the event that the borrower fails to repay the loan.
What is Collateral?
400
If stock prices have been rising over a long period, the industry and media will call this what kind of market?
What is a bull market?
400
This is a acronym for accounting standards and procedures.
What is GAAP (generally accepted accounting principles)
400
Type of business ownership where one owner has complete control
What is sole proprietorship?
500
The national debt is at this level
What is 19.2 trillion?
500
The lowest interest rate offered on bank loans to preferred borrowers.
What is prime?
500
AMZN is the stock ticker symbol for Amazon which is traded on the NASDAQ.
What company is identified as HD, which trades on the NYSE?
What is Home Depot?
500
Total Liabilities/Total Equity =
What is the Debt to Equity Ratio?
500
Type of leadership where the manager acts as an adviser and supporter, offering input when asked but generally letting subordinates chart and adjust their own course toward meeting agreed-upon goals and objectives.