Monopoly
Boardwalks purchase value is $400.
What is the most valuable property in Monopoly?
Electronic code, punch card, swipe card
What are methods of clocking in?
Goods to be bought and sold, not services.
What is merchandise?
The amount of one country’s currency in relation to the currency of another country.
What is exchange rate?
$13,000 USD
What is the amount of money inherited before your trip?
Explain Monopoly
What is a game in which you travel around the board paying rent from visiting players, purchasing properties, and attempting to create a monopoly and retain the most money?
These 3 taxes are the most common deductions of payroll.
What is social security, medicare, and federal income tax?
FIFO and LIFO stand for these.
Money in the form of paper or coins, issued by a government and accepted at face value, is known as currency.
What is currency?
An unexpected cost that may happen during your vacation trip.
What is an emergency expense?
Anything of value that is owned.
What is an asset?
This involves wages and hours, calculating the pay for amount worked.
What is payroll?
It is determined by counting, weighing, or measuring items of merchandise on hand.
What is a periodic inventory?
A way of of exchanging commodities and services.
What does currency accomplish?
These methods of transportation were used most commonly after arrival to the country of destination
What is a car/taxi and public transportation?
Amount debts/owed by business.
It is dependent on income.
What is federal income tax dependent on?
Is determined by keeping a continuous record of increases, decreases, and balance on hand.
What is a perpetual inventory?
This is the currency of India.
What is a rupee?
What is wise.com?
The total amount of income generated by the sale of goods and services.
What is revenue?
What does Federal Income Tax go towards?
This happens when business' spend money for expensive storage and warehouse space.
What is a merchandise inventory that is larger than needed?
These two factors greatly affect the rate of exchange.
This emergency expense happened to all students traveling to France.
What is a bed bug infestation and extermination?