The quality or character of being periodic; the tendency to recur at intervals.
What is Periodicity?
100
Indicates whether the company followed GAAP when preparing its financial statements
What is an Auditor?
100
Transactions that have not yet been made but are accounted for.
What is the Accrual Method?
100
Critical component of employee well-being in any business, no matter how small. HR responsibilities include payroll, benefits, hiring, firing, and keeping up to date with state and federal tax laws.
What is Human Resource Function?
100
A standard unit of value of a country's coinage.
What is Monetary Unit?
200
A standard unit of value of a country's coinage.
What is Monetary Unit?
200
Something that you as a person/company owe.
What is a Liability?
200
When beginning a business, you must decide what form of
What is Business Entity?
200
Something that you as a person/company owe.
What is a Liability?
200
The quality or character of being periodic; the tendency to recur at intervals.
What is Periodicity?
300
A person or company, that makes goods for sale.
What is a Manufacturer?
300
Something of value that you or your company owns.
What is an Asset?
300
Basic underlying assumption in accounting
What is Going Concern?
300
Indicates whether the company followed GAAP when preparing its financial statements
What is an Auditor?
300
Something of value that you or your company owns.
What is an Asset?
400
When many people own a business.
What is a Corporation?
400
Performing market research, producing a marketing plan, and product development, as well as strategically overseeing advertising, promotion, distribution for sale, customer service and public relations.
What is Marketing Function?
400
Business that generates income by providing services instead of selling physical products
What is a Service Business?
400
Business that generates income by providing services instead of selling physical products
What is a Service Business?
400
Performing market research, producing a marketing plan, and product development, as well as strategically overseeing advertising, promotion, distribution for sale, customer service and public relations.
What is Market Function?
500
Transactions that have not yet been made but are accounted for.
What is the Accrual Method?
500
Planning, Performing, and Evaluating Phase.
What are the 3 Phases of the Management Cycle?
500
Role which helps a company to identify and source potentially successful products for the marketplace