Assets= Liabilities + Stockholder's Equity is referred to as the ________
What is the Accounting Equation?
100
A company's strategy in numbers
What is a Master Budget?
100
The length of time taken to recover an initial investment.
What is the payback period?
100
This requires management accountants to exhibit the highest level of ethical behavior.
What is the IMA Statement of Professional Practice?
100
Dr. Marley's brother attends this university.
What is Hamburger?
200
Money one owes to vendors
What is Accounts Payable?
200
A budget that is continuously updated so that the next 12 months of operations are always budgeted.
What is a rolling budget?
200
Average operating income divided by investments is this.
What is the accounting rate of return?
200
The IMA ethical standards are these.
What is competence, confidentiality, integrity, and credibility?
200
This "little school" approached Dr. Marley to acquire his services.
What is Yale?
300
Revenues are matched with expenses according to
What is the Matching Principle?
300
This responsibility center is known as "a little kingdom"
What is an investment center?
300
The time value of money relies on these key factors.
What is the principal amount, the number of periods, and the interest rate?
300
The IMA ethical principles are these.
What is honesty, fairness, objectivity, and responsibility?
300
The top 10% of average U.S. income is this amount.
What is $140,000?
400
FIFO and LIFO are examples of how one costs
What is Inventory?
400
A company has a ROI of .25, an operating income of $1,250,000, and therefore has total assets of
What is $5,000,000
400
The present value of $1,250 lump sum with i=.08 and n=7 is this whole dollar amount.
What is $729?
400
To recognize and communicate professional limitations falls under this category.
What is Competence?
400
This guest speaker now works at Raymond James in Chicago.
Who is Mr. Goldberg?
500
50 acres of land with a useful life expectancy of 20 years costs $200,000. Using the straight line method of depreciation ((asset cost - salvage value)/(useful life)) find how much the land depreciates each year
What is $0?
500
Sales Margin x Capital Turnover is known as this specific analysis
What is Dupont Analysis?
500
The future value of an annuity of $1,450 with i=.06 and n=5 is this whole number.
What is $8,174?
500
To disclose delays or inefficiencies in information falls under this category.
What is Credibility?
500
This company designs "Princess bedrooms that rule."