Must be done everyday by the Human Resource department, to ensure everyone is in class
What is Attendance
100
a corporation that elects to be treated as a pass-through entity (like a sole proprietorship or partnership) for tax purposes. It is very similar to the C-Corporation and how they operate except for the taxes on the company.
What is an S-Corporation
100
the department that is related to financial planning, billing and record keeping, personnel, and physical distribution and logistics, within an organization.
What is Administration
100
the department of a commercial organization that deals with the marketing of products
What is Marketing
100
The department that handles responsibilities such as payroll, benefits, hiring, firing, and keeping up to date with state and federal tax laws.
What is Human Resources
200
The simplest and most common structure chosen to start a business. It is an unincorporated business owned and run by one individual with no distinction between the business and you, the owner.
What is Sole-proprietorship
200
A legal structure that businesses can choose to organize themselves under in order to limit their owners' legal and financial liabilities.
What is C-Corporation
200
The department of a brokerage firm that compares details of a trade with the firm identified on the other side of the transaction. In addition, this department processes and mails confirmations to customers.
What is Sales & Purchasing
200
Preparation Prior to Sales Call - Make sure you a prepared to answer all questions about your product.
What is the first step of the 8 steps of sale
200
a document sent to a customer with a list of products or services they have bought and their prices, any sales tax, the total amount, and the date before which the customer must pay
What is a Sales Invoice
300
A type of promotion keeps the product in the minds of the customer and helps stimulate demand for the product. Promotion involves ongoing advertising and publicity.
EG: Express: buy one pants get one 50% off.
What is Sales Promotion
300
a commercial document and first official offer issued by a buyer to a seller, indicating types, quantities, and agreed prices for products or services.
What is Purchase Order
300
A federal health insurance program, administered by the Social Security Administration, that provides health care for the aged.
What is Medicare
300
A tax levied by the United States Internal Revenue Service (IRS) on the annual earnings of individuals, corporations, trusts and other legal entities.
What is Federal Income Tax
400
An exhibition for companies in a specific industry to showcase and demonstrate their new products and services.
What is Trade Show
400
The department that processes and keeps financial accounts.
What is Accounting
400
a fixed regular payment, typically paid on a daily or weekly basis, made by an employer to an employee, especially to a manual or unskilled worker.
What is Wage
400
includes ongoing activities to ensure the overall company has a strong public image.
What is Public Relations
400
A legal form of business operation between two or more individuals who share management and profits.
What is a Partnership
500
the amount one receives after taxes and deductions have been withheld during a pay period
What is Net Pay
500
a tax on sales or on the receipts from sales.
What is Sales tax
500
an employers’ saved documentation of the history and status of the entire employment relationship with an individual employee
What is Personnel File
500
a fixed regular payment, typically paid on a monthly or biweekly basis but often expressed as an annual sum, made by an employer to an employee, especially a professional or white-collar worker.